Cutting Edge Technology

Pearl, HKMEx’s state-of-the art trading system, provides one of the fastest trading systems available while offering the highest standard of reliability. It allows HKMEx to handle high liquidity and trading volumes on a secure and scalable high-end platform, while providing flexibility for the rapid development of new contracts, services and types of trading.

A user-friendly interface provides easy access for all types of market participants including end users, brokers, investment banks and proprietary traders.

Pearl will continuously provide:

• Current bids and offers;
• Depth of market views outside best bids/offers;
• Spread bid/offer, or the price differentials between different contract months;
• Generation of implied prices where no active market currently exists, using values from trading in other contract months.

The Exchange is wholly committed to pre- and post-trade price transparency to encourage liquidity and trading volumes. There is pre-trade transparency in orders placed, preserving the anonymity of members placing orders while ensuring maximum price discovery for the market as a whole.