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Hong Kong Monetary Authority (HKMA)

SAR key to content provider's strategy

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Market information provider Moneyline Telerate sees expansion in Hong Kong as a key part of its strategy to strengthen its bottom line.

'In Hong Kong, we probably have a smaller market share than Reuters and Bloomberg,' chief executive Jonathan Robson said.

'But I think we can expand our business, because we offer some unique content that is only available through our network.'

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He said the company had forged partnerships with government institutions and market makers to create specific benchmark content.

For example, Moneyline had been appointed by the Hong Kong Monetary Authority to provide a rate-setting service for its interbank offered rate and overnight swap-rate products, deputy managing director Scott Cooper said.

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'This is an example of how we work with existing government institutions. Now we want to take that to the private sector,' Mr Cooper said.

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