List of Designated Central Counterparties for the Purposes of Mandatory Clearing Under Part IIIA of the Securities and Futures Ordinance
| Designated Central Counterparty | Business Address | Clearing Scope (References are to item numbers in the tables below) |
Conditions for Designation |
Designation Date |
|---|---|---|---|---|
| Chicago Mercantile Exchange Inc | 20 South Wacker Drive Chicago Illinois 60606-7499 USA |
A1, A2, A3, A4, B1, B2, B3, B4, B5, C1, C2 & C3 | 01-09-2016 Gazette Notice |
|
| Japan Securities Clearing Corporation | 2-1 Nihombashi Kabutocho Chuo-kuTokyo103-0026 Japan |
A1, A2, A4, B1, B2 & B4 | 01-09-2016 Gazette Notice |
|
| LCH Limited (formerly LCH.Clearnet Limited) |
Aldgate House 33 Aldgate High Street London EC3N1EA United Kingdom |
A1, A2, A3, A4, A5, B1, B2, B3, B4, B5, C1, C2 & C3 | 01-09-2016 Gazette Notice |
|
| OTC Clearing Hong Kong Limited | 10th Floor, One International Finance Centre 1 Harbour View Street Central Hong Kong |
A1, A2, B1, B2 & B5 | 01-09-2016 Gazette Notice |
|
| A5 | 01-07-2017 Gazette Notice |
Clearing Scope under the Clearing Rules1:
(A) Basis Swaps2
| Item No. | Currency | Floating Rate Index | Tenor | Optionality2 | Constant Notional |
|---|---|---|---|---|---|
| A1 | USD | LIBOR | 28 days to 10 years |
NO | YES |
| A2 | EUR | EURIBOR | 28 days to 10 years |
NO | YES |
| A3 | GBP | LIBOR | 28 days to 10 years |
NO | YES |
| A4 | JPY | LIBOR | 28 days to 10 years |
NO | YES |
| A5 | HKD | HIBOR | 28 days to 10 years |
NO | YES |
(B) Fixed-to-Floating Swaps2 (except Overnight Index Swaps2)
| Item No. | Currency | Floating Rate Index | Tenor | Optionality | Constant Notional |
|---|---|---|---|---|---|
| B1 | USD | LIBOR | 28 days to 10 years |
NO | YES |
| B2 | EUR | EURIBOR | 28 days to 10 years |
NO | YES |
| B3 | GBP | LIBOR | 28 days to 10 years |
NO | YES |
| B4 | JPY | LIBOR | 28 days to 10 years |
NO | YES |
| B5 | HKD | HIBOR | 28 days to 10 years |
NO | YES |
(C) Overnight Interest Swaps
| Item No. | Currency | Floating Rate Index | Tenor | Optionality | Constant Notional |
|---|---|---|---|---|---|
| C1 | USD | FED FUNDS | 7 days to 2 years |
NO | YES |
| C2 | EUR | EONIA | 7 days to 2 years |
NO | YES |
| C3 | GBP | SONIA | 7 days to 2 years |
NO | YES |
1 The Securities and Futures (OTC Derivative Transactions–Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules (Cap. 571AN).
2 As defined in section 1 of Schedule 1 to the Securities and Futures (OTC Derivative Transactions–Clearing and Record Keeping Obligations and Designation of Central Counterparties) Rules (Cap. 571AN).
Last update: 30 Apr 2018