Central Banking

Settlement link - HKMA and Clearstream goes live

The Hong Kong Monetary Authority said Tuesday a direct link between its transaction settlement system and Europe's Clearstream system has gone live.

The link between the HKMA's Central Moneymarkets Unit and Clearstream Banking Luxembourg's settlement system will give Hong Kong investors direct access to more than 200,000 different securities issued in more than 30 different countries. The link allows Hong Kong investors to clear, settle and hold all Clearstream-eligible securities.

The HKMA sa

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