HKEX boosts member credit risk monitoring

Hong Kong exchange’s several hundred clearing members pose complex default risk correlations, says chief risk officer

Hong Kong Stock Exchange - Getty.jpg
HKEX has been using a ‘knowledge graph’ to monitor creditworthiness

Hong Kong Exchanges and Clearing’s new chief risk officer says monitoring the creditworthiness of its members is of importance, particularly given the exchange’s propensity to attract a large number of smaller clearing members.

Bipin Patel said its membership currently numbers between 700 and 850 – which is far more than many other exchanges in the region. By comparison, Japan has little more than 100 clearing members.

“We monitor connection and correlation between various counterparties,”

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 individual account here: