Hong Kong Stock Exchange (00388.HK) optimizes margin collateral arrangements. The non-cash collateral financing cost will be reduced to 0.25%.

According to the CC Financial APP, on September 1st, the Hong Kong Stock Exchange (00388.HK) announced that it will optimize the collateral arrangements for its securities and derivative product clearing houses. These measures are part of the HKEX's efforts to enhance market efficiency and reduce costs for market participants. The HKEX will adjust the calculation method for the interest on cash collateral paid to its participants by its clearing houses, and reduce the borrowing costs for non-cash collateral. The borrowing costs for non-cash collateral will be reduced from an annual rate of 0.5% to 0.25%.