• Wed
  • Jul 23, 2014
  • Updated: 3:59pm

Clearing may be outsourced

PUBLISHED : Thursday, 11 July, 2002, 12:00am
UPDATED : Thursday, 11 July, 2002, 12:00am
 

Hong Kong Exchanges and Clearing has published a consultation paper proposing a new clearing system which is believed will help brokers save back-office operating costs. Under the proposal, brokers will be able to outsource clearing and settlement obligations.


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