Hong Kong Stock Exchange: Optimizing performance collateral arrangements for Hong Kong OTC clearing companies starting January 2 next year

The Zhitong Finance App learned that on December 8, the Hong Kong Stock Exchange announced that it will optimize the performance collateral arrangements of its Hong Kong OTC Clearing Company Limited (OTC Clearing Company) from January 2, 2026.

In line with the optimization measures implemented by other stock and derivatives clearing houses under the Hong Kong Stock Exchange on October 2, 2025, OTC clearing companies will also revise their interest arrangements for payment and collection on collateral (i.e. margin balances) provided in cash by settlement members in connection with security deposit requirements.

The relevant interest (if any) will be calculated daily, based on the reference interest rate of the corresponding currency, and the corresponding processing fee will be deducted. The processing fee will be set at 0.8% per year from January 2, 2026, and then reduced by 10 basis points each year until January 2, 2029 to 0.5% per year.