|
HSBC has been reappointed the settlement institution for the US dollar real-time gross settlement system in Hong Kong for a third five-year period.
HSBC was first appointed as the settlement institution for the system for five years from August 2000 when the system was launched. It was reappointed in August 2005.
In the first half of this year, the system settled 11,939 transactions a day on average, and had an average daily turnover value of US$10.1 billion. Compared with turnover five years ago, there have been increases of 48% in terms of value and 115% in terms of count.
In mid-2010, the system had 82 direct participants and 150 indirect participants. Among the indirect participants, 106 were banks domiciled outside Hong Kong.
Go To Top
|
