HSBC Introduces OTC Clearing Collateral Service

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HSBC Introduces OTC Clearing Collateral Service

Postby » Mon May 16, 2016 11:08 am

HSBC Securities Services, part of HSBC’s Global Banking and Markets business, today announced the launch of its Over-the-Counter (OTC) Clearing Collateral Service. The purpose of the new service is to support clients in meeting the requirements of the G20 swap clearing reforms which are now extending into Europe and Asia and place a greater demand on buy-side firms to manage and mobilise their collateral more effectively.
Clients can now keep pace with global regulatory change.

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