OASIS user guide - Hong Kong Exchanges and Clearing Limited
OASIS user guide - Hong Kong Exchanges and Clearing Limited
OASIS user guide - Hong Kong Exchanges and Clearing Limited
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Part II – <strong>OASIS</strong> Collateral Management Portal<br />
Scenarios Descriptions Actions required<br />
2:15 p.m. In this case, the <strong>Clearing</strong> Member may see 2 margin calls at<br />
the same time on <strong>OASIS</strong> (one for IM account <strong>and</strong> one for GF account)<br />
<strong>and</strong> both calls have to be settled within 1 hour. Settlement methods for<br />
such GF call will be the same as routine Intra-day VM calls.<br />
currencies:<br />
Follow the process described in Appendix 4.<br />
The <strong>Clearing</strong> Member effect the payment through<br />
the Real Time Gross Settlement (RTGS) system to<br />
OTC Clear’s designated bank account.<br />
Voluntary Collateral Deposit<br />
<strong>Clearing</strong> Member deposits <strong>and</strong> maintains excess collateral with OTC<br />
Clear.<br />
Note: The status of the margin call will be updated<br />
upon confirmation of the receipt of the payment<br />
<strong>Clearing</strong> Member submits collateral deposit request<br />
on <strong>OASIS</strong>, then effect the money transfer via<br />
RTGS to OTC Clear’s designated bank account.<br />
Please refer to section 2.2 for further details.<br />
Voluntary Collateral Withdrawal <strong>Clearing</strong> Member withdraws excess collateral from OTC Clear. <strong>Clearing</strong> member submits voluntary withdrawal<br />
request via on <strong>OASIS</strong>.<br />
Please refer to section 2.3 for further details.<br />
The following fields are the main components for each collateral deposit or withdrawal request:<br />
Field name<br />
Descriptions<br />
September 2013 Page 35 of 107
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