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Screenshot of a breaking news alert e-mail from Q2 2017
Hong Kong Exchanges and Clearing Limited (HKEX) announced today that Realtime Delivery versus Payment, or Real-time DVP, money settlement in Renminbi, Hong Kong dollars and US dollars will be introduced for the Northbound related transactions of Stock Connect, its mutual market access programmes with the Shanghai and Shenzhen stock exchanges, on 20 November 2017.
Realtime DVP is expected to be used mainly by institutional investors.