Products & pricing
HKEX clearing houses begin taking mainland government bonds as margin collateral
HKEX says its listed-derivatives clearing houses accepted more than RMB400m of eligible mainland bonds as collateral on the new service’s first day.
The companies, products and regulatory developments shaping the broker industry.
HKEX says its listed-derivatives clearing houses accepted more than RMB400m of eligible mainland bonds as collateral on the new service’s first day.
Seven institutions posted more than RMB400 million of bonds on the first day. The extension covers specified China government, policy bank and offshore Ministry of Finance bonds.
Clients using Bond Connect securities need segregated clearing accounts. The arrangements combine more collateral choice with an outright transfer of ownership.