HKEX: Starting from January 2nd next year, optimizing Hong Kong's off-exchange settlement companies' collateral arrangement.

On December 8th, HKEX announced that it will optimize the collateral arrangements of its subsidiary, Hong Kong Exchanges and Clearing Limited (OTC Clear), starting from January 2nd, 2026. In line with the optimization measures implemented by other stock and derivative settlement facilities under HKEX on October 2nd, 2025, OTC Clear will also revise its interest arrangements for the collateral (margin balance) provided or received in cash form to settlement members. The interest (if any) will be calculated daily, based on the reference rate of the respective currency, and will deduct the corresponding fees. The fee will be set at 0.8% per annum starting from January 2nd, 2026, and will decrease by 10 basis points annually until it reaches 0.5% per annum starting from January 2nd, 2029.