Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Budget>HK to Commence Study on Establishing One-Stop Multi-Asset Class Post-Trade Securities Infrastructure, Paul Chan Says
Recommend 4 Positive 4 Negative 1 |
||||
|
||||
|
Hong Kong's Financial Secretary Paul Chan stated that the Hong Kong Monetary Authority's CMU OmniClear Holdings Limited (CMU OmniClear) and HKEX (00388.HK) will soon commence a study on the establishment of a one-stop multi-asset class post-trade securities infrastructure to cover Mainland China and Hong Kong equity and debt securities. This will facilitate cross-product and cross-boundary collateral connectivity, enhancing market liquidity and risk management. To facilitate investors' holdings of securities through the Central Moneymarkets Units (CMU) for achieving global asset allocation, the CMU OmniClear is actively seeking to establish linkages with central securities depositories of various regions. The Central Bank of the United Arab Emirates has become a CMU member. The CMU will activate linkages with SIX of Switzerland and launch equity post-trade services for the first time, enabling investors to manage their diversified asset portfolios more efficiently. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
