HKEX clears first HONIA swaps through OTC Clear
OTC Clear, HKEX’s CCP, has cleared the first HONIA-based interest rate swap with Bank of China and the Hongkong and Shanghai Banking Corp.
OTC Clear, HKEX’s CCP, has cleared the first HONIA-based interest rate swap with Bank of China and the Hongkong and Shanghai Banking Corp.
At a time of unprecedented market volatility, Bank of China said its DeepFX app will provide traders with key insights on major currency pairs.
Bank of China gains access to clearing of interest rate derivatives, will also act as a clearing broker to its client base.