Hong Kong Central Clearing and Settlement System
E866085
The Hong Kong Central Clearing and Settlement System is Hong Kong’s central securities clearing and settlement platform, handling the electronic registration, transfer, and settlement of securities including China-related H-shares.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
central securities depository
ⓘ
financial market infrastructure ⓘ securities settlement system ⓘ |
| abbreviation | CCASS NERFINISHED ⓘ |
| aim |
enhance efficiency of securities settlement in Hong Kong
ⓘ
reduce settlement risk in securities transactions ⓘ |
| country | Hong Kong NERFINISHED ⓘ |
| fullName | Hong Kong Central Clearing and Settlement System NERFINISHED ⓘ |
| function |
central securities clearing
ⓘ
custody of securities ⓘ electronic registration of securities ⓘ electronic transfer of securities ⓘ securities settlement ⓘ |
| handles |
China-related H-shares
ⓘ
Hong Kong listed securities ⓘ debt securities ⓘ equity securities ⓘ |
| language |
Chinese
ⓘ
English ⓘ |
| linkedTo |
Hong Kong dollar Real Time Gross Settlement system
NERFINISHED
ⓘ
US dollar Real Time Gross Settlement system NERFINISHED ⓘ euro Real Time Gross Settlement system in Hong Kong ⓘ |
| locatedIn | Hong Kong NERFINISHED ⓘ |
| market | Hong Kong securities market NERFINISHED ⓘ |
| operatedBy | Hong Kong Monetary Authority NERFINISHED ⓘ |
| provides |
clearing and settlement infrastructure for Hong Kong securities market
ⓘ
participant accounts for securities holdings ⓘ |
| regionServed | Hong Kong Special Administrative Region NERFINISHED ⓘ |
| regulator |
Hong Kong Monetary Authority
NERFINISHED
ⓘ
Securities and Futures Commission of Hong Kong NERFINISHED ⓘ |
| relatedTo |
Hong Kong Exchanges and Clearing Limited
NERFINISHED
ⓘ
Hong Kong dollar payment system ⓘ Stock Exchange of Hong Kong NERFINISHED ⓘ |
| riskManagement | centralised clearing risk controls ⓘ |
| settlementCycle | T+2 ⓘ |
| settlementModel | book-entry settlement ⓘ |
| supports |
corporate action processing
ⓘ
delivery-versus-payment settlement ⓘ nominee services ⓘ real-time trade registration ⓘ stock lending and borrowing ⓘ |
| technology | electronic book-entry system ⓘ |
| timeZone | Hong Kong Time NERFINISHED ⓘ |
| typeOfSettlement | centralised securities settlement ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.