
HKEx soft launches clearing for interdealer NDFs

Hong Kong Exchanges and Clearing (HKEx) this week soft-launched its new over-the-counter derivatives clearing service, OTC Clear, with an initial focus on interdealer interest rate swaps and non-deliverable forwards (NDFs).
The launch of OTC Clear puts HKEx into competition with several other exchanges and clearing houses to have launched NDF clearing, including LCH.Clearnet, CME Group and Singapore Exchange. OTC Clear's clearing members include Bank of China, HSBC and ICBC.
NDF clearing through
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@fx-markets.com