Hong Kong's central bank hopes that partnering Clearstream will help to reignite interest in its repurchase agreement settlement platform. To date very few deals have been closed.
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Tag : euroclear
Through a partnership with JP Morgan and Euroclear, the HK central bank is to offer collateralised cross-border lending on RMB.
The renminbi-denominated securities market is booming, with the volume of global trade settled in the currency soaring.
The bank's securities and fund services division adds more intellectual depth to the Hong Kong team.
Clearstream and Euroclear have signed agreements with the new Shanghai Clearing House, but fully efficient links to securities depositories in China are still some way off.
Euroclear will provide securities settlement through the Korea Securities Depository.
The worldÆs largest clearing house teams up with Indian depositaries.
The worldÆs largest clearing house will open doors in Hong Kong and Beijing.
The European depository bank seals an agreement with its Chinese counterpart responsible for government bonds.
The new system will streamline the placement, processing and settlement of mutual fund trades for distributors.