Investor Presentaiton
Hong Kong Investor ID Regime
Reporting of BCANS in aggregated orders.
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Hong Kong Investor ID Regime
The term "aggregated order" is defined as "an order which comprises two or more buy orders
and/or sell orders for the same listed security placed by different clients, which may be executed
as an On-Exchange Order or an Off-Exchange Order"
The following will not constitute an "aggregated order":
orders placed by a single client throughout a trading day
an order placed by a fund manager for different funds it manages which is tagged with the fund
manager's BCAN
The HKEX Information Paper will set out the details of the required information which needs to be
submitted for underlying order (i.e. trade allocation)
Reporting of underlying trade allocations will only be required for an aggregated trade and not for
an aggregated order which is cancelled, unmatched or revised prior to execution
Relevant Regulated Intermediaries will have up to T+3 to report the orders underlying an executed
aggregated orderView entire presentation