Asia needs regional securities depository within five years

Enough collateral in the system for now – but this will change

muthukrishnan-ramaswami-sgx
Muthukrishnan Ramaswami, SGX

While current levels of G-3 currency collateral are sufficient to meet the requirements of moving over-the-counter derivatives to central clearing, demand for local currency securities will increase, driving the creation of a regional central securities depository in Asia, according to Muthukrishnan Ramaswami, president of the Singapore Exchange (SGX).

Despite industry groups estimating that the combined impact of the move to OTC derivatives central clearing and Basel III's liquidity standards c

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: