H.K. Mulls Margin Rules For Cash-Clearing Members

The Hong Kong Exchanges and Clearing is planning to consult with market participants about introducing up-front margins to help pay for improving risk management of Hong Kong Security Clearing, its cash equities clearing division, reports Risk.net.

The Hong Kong Exchanges and Clearing is planning to consult with market participants about introducing up-front margins to help pay for improving risk management of Hong Kong Security Clearing, its cash equities clearing division. The exchange is expected to soon decide on a standard stress-testing model for the unit to be used for a developing a formula for charging members.

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