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LSE's Technology To Power Atom's New Digital Asset Exchange In Hong Kong

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LSEG Technology, London Stock Exchange Group's technology solutions provider, said it has been selected by Atom Group, a fintech company focused on blockchain technology and emerging digital assets, to power its new Hong Kong-based digital asset exchange AAX.

The new digital exchange, which is expected to launch in the first half of fiscal 2019, will use LSEG's Millennium Exchange matching engine.

AAX will be the first digital asset exchange venue to use the matching engine.

Peter Lin, CEO of ATOM Group said, "AAX will leverage LSEG's Technology to deliver a world-class exchange that ensures safe, trusted and secure digital asset trading for all. The AAX exchange will allow investors to trade all major digital assets with greater levels of fairness, transparency, and performance."

LSEG's trading and post-trade products are used by over 40 financial market infrastructure and financial services firms around the world. These include HKEX, Johannesburg Stock Exchange, and Singapore Exchange, among others.

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