Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce the launch of its new VaR Platform for post-trade clients, and the introduction of new portfolio margining in its securities market.
The new VaR Platform will introduce margin requirements based on individual stock volatility, instead of the previously applied flat margin rate across all securities. This will significantly strengthen the resilience of the securities clearing house, in line with evolving international regulatory standards. The new VaR Platform will also promote enhanced transparency and cost-efficiency for HKEX market participants.
HKEX today launches the new #VaR Platform for post-trade clients and introduces new portfolio margining model based on individual stock volatility, enhancing #transparency and cost-efficiency for #HKEX market participants. Read more at https://t.co/HpXvoCvYX3 pic.twitter.com/2oCAuk06Zw
— HKEX 香港交易所 (@HKEXGroup) June 13, 2022
HKEX Co-Chief Operating Officer John Buckley said: “HKEX is committed to operating robust and resilient markets, in accordance with the best global practices. We are therefore very pleased today to be announcing another enhancement to our markets with the launch of the HKEX VaR Platform. Its enhanced margining model strengthens our resilience and boosts capital efficiency, supporting our clearing participants through margin savings on diversified portfolios. We look forward to continuing to work with our partners and stakeholders to further enhance our markets’ resilience and attractiveness, as we build the Marketplace of the Future.”
The VaR Platform is available to all Clearing Participants for securities transactions in HKEX’s markets, with its new margin and stress testing models for the calculation of margins and the Default Fund.
Please refer to HKEX website for more details of VaR Platform.
Source: HKEX
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/
4
Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:
SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:
COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.
Related articles
-
The service was developed as the industry prepares for the SEC’s expanded U.S. Treasury clearing rules.
-
The CIL service aims to enhance FICC’s clearing model offerings with margin and capital efficiencies.
-
Expanding membership is an OCC priority for capital efficiency, risk reduction and operational simplicity.
-
This paves the way to tokenize DTC-custodied assets.
-
DTCC plans to extend clearing hours to support 24x5 trading in Q2 2026.