Latest News

OCBC joins HKEX’s OTC Clear


share this article!

Logo from OCBC

OTC Clear offers clearing services for USD/HKD and USD/CNH cross-currency swaps.

OCBC will be a direct clearing member of OTC Clearing Hong Kong Limited (OTC Clear), a subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX).

As a member of the OTC Clear, OCBC will have access to clearing services for over-the-counter (OTC) derivatives in cross-currency swaps (CCS) and interest rate swaps (IRS) for HKD and CNH.

“Central clearing for these derivatives will lower costs and mitigate counterparty risks,” OCBC said.

As an OTC Clear member, OCBC can also participate in Swap Connect, which launched its Northbound channel in May 2023.

Join Hong Kong Business community

Since you’re here…

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Read More

share this article!

HKMA retains base rate at 5.75%

Previous article

Financial fitness is a major factor when it comes to the quality of life: Study

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News