Invesco QQQ ETF: A Game Changer for Asian Investors

The launch of a suite of DWS cross-listed exchange traded funds (ETFs) in Hong Kong and Singapore is set to revolutionize the Asian investment landscape. The excitement in the industry is not centered around the funds themselves, but rather the innovative way settlement and clearing will be handled. The cross-listed DWS ETFs will use Euroclear Bank's centralised clearing for cross-border securities, a move that is expected to significantly enhance liquidity and reduce costs for investors.

The cross-listing of Invesco QQQ ETF on the Hong Kong Stock Exchange (HKEX) is a pivotal moment for Asian investors. This ETF, which tracks the investment results of the Nasdaq-100 Index, is the world's fifth largest ETF and second most traded in the US. By trading on the HKEX, investors around the region can now access the deep liquidity and price transparency of Invesco QQQ more conveniently in their local time zone.

The cross-listing on the HKEX will enable investors to access the Invesco QQQ ETF through a more efficient and convenient method, using local exchange trading lines and international settlement systems. This improved market access can lead to increased trading volumes and better price discovery, ultimately benefiting both investors and ETF providers.



The ICSD system can also encourage greater institutional interest in Invesco QQQ, as it has fewer restrictions on order size. This can further boost liquidity and accessibility for all investors. The cross-listing of Invesco QQQ ETF on the HKEX is expected to have a positive impact on the overall ETF market in Asia, fostering increased competition, attracting foreign capital, and improving market access.

In conclusion, the cross-listing of Invesco QQQ ETF on the HKEX is a game changer for Asian investors. It offers improved accessibility, enhanced liquidity, reduced spreads and costs, and attraction of foreign capital. The ICSD system facilitates a more efficient and convenient method of investing in the ETF, ultimately benefiting both investors and ETF providers. The cross-listing is expected to have a positive impact on the overall ETF market in Asia, fostering increased competition, attracting foreign capital, and improving market access.