CoinVoice has recently learned that on October 5, according to an official announcement, Hong Kong Exchanges and Clearing Limited (HKEX) announced the launch of the Shanghai-Hong Kong Stock Connect transaction settlement acceleration platform HKEX Synapse (Synapse), an innovative comprehensive platform that allows multiple parties to jointly handle post-settlement processes, using the latest technology to improve market efficiency and transparency of post-settlement processes.

As the latest optimization measure of the Shanghai-Hong Kong Stock Connect, Synapse will be launched on October 9, 2023. Through DAML smart contract technology, it will standardize and simplify post-trading workflows, improve operational efficiency and transparency, and reduce settlement risks. [Original link]