just now

Liquidity Finder Ltd is incorporated in England and Wales, company number 10610740, registered address 167-169 Great Portland Street, Fifth Floor, London W1W 5PF, United Kingdom.
Published: just now

May 5, 2023 - Hong Kong Exchanges and Clearing Limited (HKEX) announced a joint news release with the People's Bank of China (PBOC), Hong Kong Securities and Futures Commission (SFC) and Hong Kong Monetary Authority on the launch of Swap Connect, the new mutual access programme between Hong Kong and Mainland China's interbank interest rate swap markets.
Swap Connect will launch on 15 May 2023, starting initially with a Northbound channel. The programme will access to interest rate swaps at the initial stage, which will be priced, settled and cleared in Renminbi.
It will also provide Hong Kong and international investors access to Mainland China's interbank financial derivatives market through a connection between financial infrastructure institutions in the Hong Kong and Mainland China markets.
HKEX, through its clearing subsidiary OTC Clear, has been working with China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House (SHCH) to develop the underlying infrastructure for Swap Connect and will facilitate the delivery and operation of the programme.
HKEX Chief Executive Officer, Nicolas Aguzin, said: "Swap Connect is the latest chapter in our Connect story. As the world's first derivatives mutual market access programme, it will help forge stronger connectivity between Hong Kong and Mainland's capital markets, further supporting their mutual development and strengthening Hong Kong's role as an international financial centre. We look forward to working with our Mainland partners and all our regional and international market participants to ensuring the successful rollout of Swap Connect, as we connect China and the world."e
OTC Clear and SHCH will jointly provide clearing and settlement services through a central counterparties link, with OTC Clear providing central clearing services for Hong Kong and international investors, while SHCH will provide central clearing services for investors in Mainland China.
Please find a link to the joint announcement here: Joint Announcement of the People’s Bank of China, the Hong Kong Securities and Futures Commission and the Hong Kong Monetary Authority
We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.
Select the categories and companies you wish to follow directly to your person rss feed.
Create Custom RSS FeedSign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!
Binance has lowered its VIP 3 Wallet Assets threshold from $3 million to $1 million and will now count OTC Spot Trading Volume at a 4x multiplier toward VIP qualification, removing the previous VIP 4 cap and allowing eligible users to progress through the full tier framework up to VIP 9.
Retail futures trading leader NinjaTrader Group has appointed Mark Omens as Senior Vice President, Commercial Strategy, bringing a 25-year veteran of derivatives marketplace CME Group into a newly created role focused on exchange partnerships and enterprise growth.
Gold Price Action Forecast: Will XAU/USD Drop to $3930? Meta Description: Read our Gold price action forecast to see if XAU/USD will drop to $3930.
BitDelta Securities Financial Services LLC (“BitDelta Securities”) today announced that it has received full regulatory approval from the Capital Market Authority (“CMA”) of the United Arab Emirates under the Category 5 — Arrangement and Advice license framework (License No. 20200000439). The approval follows the firm's receipt of In-Principal Approval earlier this year and represents the successful conclusion of the CMA's full licensing process, including the satisfaction of capital requirements, governance appointments, and operational setup.
Crypto.com has received a $400 million strategic investment from Citadel Securities, valuing the firm at $20 billion. It marks the first institutional funding round in the company's history, aimed at accelerating its expansion into tokenised securities, derivatives and other asset classes.
WTI’s pullback into $79–82 is the first major test of the bullish Elliott Wave count, with buyers targeting a renewed break above $85.
BitDelta Securities has secured a full CMA Category 5 licence in the UAE and opened a regulated office in Business Bay, Dubai. The firm operates as an introducing broker, connecting investors with licensed international brokers across multiple asset classes, with CEO Dr. Demetrios Zamboglou commenting on the milestone.
Index volatility is asleep while single stocks fight it out underneath, credit refuses to confirm the equity rally, and a bare macro calendar hands next week to oil.
Digital assets and FX brokerage GC Exchange FZE (GCEX) has appointed Mohammed A. Mulla as a Board Member of its Dubai-based entity, part of the wider GCEX Group.
Learn what Blockchain-as-a-Service is, how it works, and why businesses are using BaaS to build blockchain applications without managing infrastructure.