Thursday June 20 2024
News Source: Global Exchanges
Focus: Clearing & Settlement
Type: General
Country: Hong Kong
On 19th June 2024, Hong Kong Securities Clearing Company Limited (HKSCC) announced that it will officially launch the enhancement of the Third Party Clearing (TPC) arrangement for the Hong Kong securities market.
Non-Clearing Participant (NCP) who wishes to appoint more than one General Clearing Participant (GCP) for the clearing and settlement of its Exchange Trades can apply by submitting the application forms, jointly with the corresponding GCPs to the Stock Exchange of Hong Kong Limited (SEHK) starting from 24 June 2024.
Click on the above link for further information
