Tag: OTC Clear

OTC Clear

HKEX’s OTC Clear Granted Regulatory Approval in Japan

Hong Kong Exchanges and Clearing’s (HKEX) subsidiary, OTC Clearing Hong Kong (OTC Clear), has received approval to offer client clearing services to banks in Japan. OTC Clear was set up in 2013 to provide OTC derivatives central clearing services. Profit & Loss reported last year that OTC Clear had identified FX as a growth area […]

OTC Clear Claims First in USD/CNH Swaps Clearing

OTC Clearing Hong Kong (OTC Clear) has launched a clearing service for cross-currency swaps (CCS), which will initially focus on swaps in the USD/CNH currency pair. OTC Clear is the first international clearing house to provide clearing for USD/CNH CCS, the company claims in a statement. The firm provides a Payment versus Payment – or […]