Kuwait Clearing Company
It created CCASS, the central clearing and settlement system, which started operating in 1992 and became the central counterparty for all CCASS participants. The clearing operation is based on the immobilisation of share certificates in a central depository. Share settlement is on a continuous net settlement basis by electronic book entry to participants' stock accounts in CCASS. HKICL is committed to its mission of providing safe and efficient financial infrastructure, offering state-of-the-art local and cross-border solutions... DTCC's Michele Hillery and Karen Duffy provide an overview and udpate on DTCC’s private, permissioned DLT platform. "HKEX successfully launches second phase of Closing Auction Session for its securities market". "HKEX plans to introduce Phase 2 of securities market's Closing Auction Session". "HKEX Archived 30 September 2007 at the Wayback Machine." History of HK exchange. Holding company of the Stock Exchange of H...