SFC and Hong Kong exchange to coordinate network infrastructure

The process began in earnest when couriers stopped the physical delivery of money and stocks in the world’s financial centres, but there’s no telling how far the trend towards electronic transactions and communication will go. The financial services industry is criss-crossed with networks provided by industry-owned bodies, technology vendors and governments. Some are regional in scope, others global, but all have as their goal an increase in efficiency in the industry they serve.