All Entries in the "Post Trade" Category
SGX Enhances OTC Clearing of Commodities
Singapore Exchange (SGX) said April 18 SGX AsiaClear has enhanced access to its clearing process with the linking of OTC broking systems to its OTC Trade Registration System. The OTC broking community will benefit from the link which allows trades matched in an inter-dealer broker’s OTC broking system to flow straight through to SGX’s Trade [...]
Clearstream Supports HKEx With Easy Access to Global Post-Trade Services
Clearstream announced March 28 that it will join the Hong Kong Exchanges and Clearing Limited (HKEx) Ecosystem initiative as a founding member. The Ecosystem is an innovative approach to data management services that is designed to provide eligible participants from across the spectrum of financial and securities markets with access to HKEx market data, trading [...]
Hong Kong Clearing House Risk Management Reforms
This article appeared in Issue 1 of the Asia Etrader Magazine. The Stock Exchange of Hong Kong completed an industry consultation for reforming its 3 clearing houses, the HKFE Clearing Corporation (HKCC), the SEHK Options Clearing House (SEOCH) and the Hong Kong Securities and Clearing Company (HKSCC), on October 28, 2011 with an 8 question [...]
Bursa Malaysia Launches New Derivatives Clearing and Settlement System
Bursa Malaysia Derivatives Berhad (BMD) has launched a new derivatives clearing and settlement system to provide faster and more efficient clearing and settlement services for its Clearing Participants. The new clearing and settlement system, which went live on Monday, 27 February 2012, will pave the way for the introduction of new derivative futures and options [...]
Thailand Clearing House Admits New Members
The Thailand Clearing House Co. Ltd. (TCH), under The Stock Exchange of Thailand (SET) group, is now admitting new members and giving existing precious metal-related members the opportunity to upgrade themselves to general clearing members, so that they can offer post-trade services for all derivatives products following the liberalization of the brokerage industry of the [...]
HKEx Clearing House and TDCC Sign MOU
The Hong Kong Securities Clearing Company Limited (HKSCC), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), and the Taiwan Depository & Clearing Corporation (TDCC) signed a Memorandum of Understanding (MOU) November 17 (Thursday) focused on cooperation and the exchange of information. HKSCC, the clearing house and central depository for HKEx’s securities market, [...]
TOCOM Amends Give-Ups
1. Give-up System Amendments * Under the current system, Give-ups are permitted within the same clearing period. The amendment permits Give-ups are until third business day after a transaction (T+3). (“Back Date Give-up”) * Expansions of Foreign Commodity Futures Brokers related Give-ups. 2. Background reasoning for the introduction of Back Dated Give-ups * TOCOM’s current [...]
Clearstream to Partner with Standard Chartered Bank in Hong Kong
* Standard Chartered Bank joins Clearstream’s network of cash correspondent banks * Cooperation will increase access to liquidity and improve the settlement flexibility in the local market Clearstream, the international central securities depository (ICSD) within Deutsche Börse Group, will appoint Standard Chartered Bank as a new cash correspondent bank in Hong Kong, for Hong Kong [...]
SGX Consults on Derivatives Clearing
Singapore Exchange (SGX) is consulting the public on amendments to the Singapore Exchange Derivatives Clearing Limited (“SGX-DC”) rules, in relation to the proposed enhancements to its default management framework for exchange-traded and Over-the-Counter (“OTC”) derivative contracts. This is part of SGX’s continuing efforts to review its risk management practices in view of evolving market developments, [...]
ASX and Clearstream to Develop Collateral Management Service for Australia
ASX Group (ASX) has signed a letter of intent with Clearstream, part of the Deutsche Borse Group, to develop a new collateral management service for the Australian market. ASX will provide the service using Clearstream’s proven global technology. Financial market participants and facility operators require collateral, such as cash, shares or bonds, from counterparties to [...]
