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.
Europe’s securities regulator has issued final draft technical standards on post-trade risk-reduction services, with European Commission endorsement still outstanding.
CME confirms its sports-performance-index contracts began trading in October. Standard and Micro futures settle financially to published statistical indexes; wider MLB coverage is scheduled for 2 November pending regulatory review.
The CFTC registration permits clearing of fully collateralised derivatives; it does not by itself authorise a tZERO market to list them.
Clients using Bond Connect securities need segregated clearing accounts. The arrangements combine more collateral choice with an outright transfer of ownership.