STP a step closer from BondsinAsia

Albert Cobetto, CEO of BondsinAsia, explains the significance of a recent agreement his company has struck with the HKMA.

You have just signed a new agreement with the Hong Kong Monetary Authority for a clearing and settlement linkage between BondsinHongKong and the Central Moneymarkets Unit CMU. What will the agreement allow

Cobetto It will allow for straight through processing STP û the day of the paperless trade, when a buyer of a security on our system can take it all the way to the CMU for settlement and custody. With this initiative, we can start to...

To continue reading, please login or register for free

Click for more on: stp | step | closer | bondsinasia

Print Edition

FinanceAsia Print Edition

CONFERENCES