Market Participants:

Shanghai Clearing House will launch Central Counterparty Clearing of Cross-border Foreign Exchange (FX) Spot Transactions (hereinafter referred to as "Cross-border FX clearing") on Feb. 2nd, 2018. In order to help market participants understand and participate in Cross-border FX clearing, further clarify the operation procedures and ensure the smooth processing of Cross-border FX clearing, Shanghai Clearing House formulates the Guidelines on Central Counterparty Clearing of Cross-border FX Transactions (hereinafter referred to as "Guidelines"). The Guidelines is hereby officially released.   

 

Appendix

Guidelines on Central Counterparty Clearing of Cross-border FX Transactions

 

 

Shanghai Clearing House

Jan. 31st, 2018