Financial Products & Associated Risk Management
CCASS Course 2 – Clearing and Settlement (Part I)
Central Clearing and Settlement System (CCASS) is a securities settlement system used within the Hong Kong Exchanges and Clearing Limited (HKEX) market system. To enable the participants to effectively use the CCASS, HKEX has developed 5 courses to equip them with the basic knowledge of the clearing and settlement operations of the securities clearing house.
Course 1 – Understanding of Securities Clearing and Settlement
Course 2 – Clearing and Settlement (Part I)
Course 3 – Clearing and Settlement (Part II)
Course 4 – Depository and Nominee System (DNS)
Course 5 – Fails and Risk Management
This course mainly covers the key features of the system and types of transaction including exchange and non-exchange trades.
1. CCASS Logon and Logoff
2. Types of Transaction
3. Exchange Trades
-- Continuous Net Settlement (CNS)
-- Isolated Trade (IT)
4. Non-Exchange Trades
-- Settlement Instruction (SI)
-- Investor Settlement Instruction (ISI)
Who should attend
Responsible officers, operations staff (in particular back office settlement staff), sales staff and account executives of brokerage firms.