Alibaba Cloud CloudQuotation is designed to enhance transparency in global capital markets. It provides tiered information services tailored to diverse customer needs. Alibaba Cloud plans to subsequently launch a suite of services targeting the global securities and futures markets.
The rapid development of technologies such as cloud computing, big data, AI, blockchain, and 5G has led to unprecedented interconnection in global financial markets. This trend is further accelerated by several factors in China, including the launch of Stock Connect programs that link Chinese mainland exchanges with Hong Kong and London, increased inclusion in Morgan Stanley Capital International (MSCI) and FTSE Russell indices, and the removal of qualified foreign institutional investors (QFII) and RMB qualified foreign institutional investors (RQFII) investment quotas. As a result, Chinese capital markets are rapidly globalizing, and investors are increasingly seeking diversified investment opportunities. Based on its global infrastructure service capabilities, CloudQuotation collaborates with major exchanges worldwide to provide quotation data services for securities, options, futures, and indices. This facilitates global access to quotation data for financial institutions across all regions. In addition, CloudQuotation enables global order sharing among affiliated entities that meet exchange requirements. Affiliated entities are defined as companies where a common parent holds at least 51% ownership. CloudQuotation provides the following editions:
CloudQuotation Basic Edition is designed for Internet enterprises that provide financial information platforms.
CloudQuotation Basic Edition PLUS is designed for Internet enterprises that have large quantities of quotation updates.
CloudQuotation Standard Edition and Standard Edition PLUS are designed for financial institutions, such as securities firms, large banks, asset management subsidiaries of fund firms and insurers, and top private equity firms.
CloudQuotation Advanced Edition and Advanced Edition PLUS are designed for other financial institutions, such as securities firms and investment banks that hold brokerage licenses.
CloudQuotation integrates various capabilities of exchanges and provides comprehensive end-to-end quotation data services. With benefits such as enhanced data transmission, robust computing power, comprehensive quotation data, and stringent data encryption, CloudQuotation improves user experience, boosts overall efficiency, and lowers technical and cost barriers. This empowers enterprises to accelerate digital transformation across operations, investment, and research, helping them swiftly establish stable and high-performance foundational services.