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CMU OmniClear and HKEX sign MOU on enhancing post-trade securities infrastructure of Hong Kong’s capital markets
05
Mar
Mar
CMU OmniClear Limited and Hong Kong Exchanges and Clearing Limited (HKEX) have signed a Memorandum of Understanding (MOU) aimed at enhancing the post-trade securities infrastructure of Hong Kong’s capital markets. This collaboration seeks to improve efficiencies across asset classes, utilize Mainland bonds as collateral, and establish Hong Kong as a leading bond issuance center and an international central securities depository (ICSD) in Asia. Both organizations emphasize their commitment to supporting the development of the city’s fixed-income and currencies ecosystem, with the MOU marking a significant step in transforming the Central Moneymarkets Unit into an ICSD. Leaders from both CMU OmniClear and HKEX expressed their enthusiasm for this partnership, highlighting its potential to foster innovation and enhance Hong Kong’s standing as a global financial hub. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/03/20250304-4/
