Securities & Futures Commission of Hong Kong

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  PDF 01-09-2016

Gazette Notice 
Japan Securities Clearing Corporation 2-1 Nihombashi
Kabutocho
Chuo-ku Tokyo 103-0026 Japan
 A1, A2, A4, B1, B2 & B4 PDF 01-09-2016

Gazette Notice
LCH Limited
(formerly LCH.Clearnet Limited)
Aldgate House
33 Aldgate High Street
London EC3N 1EA
United Kingdom
 A1, A2, A3, A4, A5, B1, B2, B3, B4, B5, C1, C2 & C3 PDF 01-09-2016

Gazette Notice
OTC Clearing Hong Kong Limited 12th Floor, One International 
Finance Centre
1 Harbour View Street  Central
Hong Kong
 A1, A2, B1, B2 & B5 PDF 01-09-2016

Gazette Notice
 A5 PDF   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).

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