Shanghai Derivatives Exchange (SHDEX) Launches the Basic Form of Market Pricing Services

Online, November 7, 2011 (Newswire.com) - Shanghai Derivatives Exchange (SHDEX) will provide investors with real-time basic prices from the securities and derivatives markets through a wider range of information vendors which can then offer the data on interactive platforms such as websites and mobile applications when it launches its MARKET BASIC PRICE.

The MARKET BASIC PRICE service providers include information vendors, exchange participants or their affiliates, and the five designated website providers which were part of the website service pilot program. Starting this quarter and in the coming days, they will begin offering the MARKET BASIC PRICE Service through a total of 26 websites and ten mobile applications.

Under the MARKET BASIC PRICE service, SHDEX will provide basic information from its securities and derivatives markets to third parties for a flat monthly fee. The information, which will then be made available to investors, includes:
• Nominal price/closing price and last trade price for all securities traded on the stock exchange;
• PRICE EQUILIBRIUM and VOLUME INDICATOR, which are calculated during the pre-opening trading session, for all securities traded on the stock exchange;
• Turnover value and volume of all securities traded on the stock exchange; and
• High/low prices of the day of all securities traded on the stock exchange.

A corresponding MARKET BASIC PRICE service is also available for the derivatives market.

SHDEX has also approved another six MARKET BASIC PRICE service applications from information vendors who plan to launch the MARKET BASIC PRICE service on their websites and other interactive platforms soon.

Exchange participants, financial institutions, structured product issuers as well as listed companies can also offer the MARKET BASIC PRICE service on their websites through SHDEX-licensed information vendors' third party websites or listed company website MARKET BASIC PRICE Services.

With the official launch of the MARKET BASIC PRICE Service, the free price website service pilot program has concluded successfully. It was well received by the market and generated a monthly average of more than 700 million stock quotes through the five designated websites, which is an average of 47 million stock quotes per trading day. The number of page views generated by the six websites reached a monthly average of 800 million. They also drew average daily traffic of 750,000 unique visitors.

Shanghai Derivatives Exchange (SHDEX) believes that the MARKET BASIC PRICE service will further enhance market transparency and raise the profile of the asian securities and derivatives markets in the continent.