HKEX to Enhance Margin Collateral Arrangements at OTC Clear
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Monday) it will implement enhancements to the margin collateral arrangements at its subsidiary OTC Clearing Hong Kong Limited (OTC Clear) starting from 2 January 2026.
In line with the enhancements that have been implemented at HKEX’s other equities and derivatives clearing houses from 2 October 2025, OTC Clear will be revising the interest payable to, and interest charged to, its clearing members on collateral provided in respect of any margin requirement in the form of cash and comprising the Margin Balance.
Interest payments (if any) will be calculated daily based on reference rates from which a handling fee will be deducted. The initial handling fee will be 0.8 per cent per annum from 2 January 2026, and will be reduced by 10 basis points per annum each year until reaching 0.5 per cent per annum on 2 January 2029.
For more details, please refer to the relevant circular published today.
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