HKEx: real-time settlement key to cross-currency swap clearing

JSCC and KRX also said to be working on cross-currency swap clearing offerings

hong kong exchanges and clearing office
HKEx's OTC Clear service benefits from access to Hong Kong's RTGS system

A senior executive at Hong Kong Exchanges and Clearing (HKEx) has credited the central counterparty's (CCP) access to a multi-currency real-time gross settlement system (RTGS) as critical to its