Financial Products & Associated Risk Management

DCASS Course 1 – Understanding of Derivatives Clearing


Derivatives Clearing And Settlement System (DCASS) is a fully electronic and automated clearing and settlement system that comprises the core derivatives clearing and settlement functionality, the margining engine, and has the capability to support various types of derivatives products such as Equities, Currencies and Commodities.

To enable the Clearing Participants to effectively use the system, HKEX has developed 3 courses to provide the basic knowledge of the clearing and settlement system.

Course 1 – Understanding of Derivatives Clearing
Course 2 – DCASS Terminal Training
Course 3 – CCMS Training

This course provides a general understanding of the derivatives clearing and settlement system and management.


1. The Structure of Clearing Houses
2. Clearing and Settlement Systems
3. Clearing Accounts
4. DCASS Trade Management
5. DCASS Position Management
6. Collateral Management
7. PRiME & Margin Calculation

Who should attend

Responsible officers, operations staff (in particular back office settlement staff), sales staff and account executives of brokerage firms.

Speaker/Course Instructor

LAM Chi Ying Tanya
Ms. Tanya Lam has relevant experience in securities service industry. She is currently responsible for providing customer support and helpdesk services to clearing houses participants.
LEE Shing Hong Frank
Mr. Frank Lee has relevant experience in derivatives market risk management. He is now responsible for the risk control for the HKFE Clearing Corporation (HKCC) and The SEHK Options Clearing House Limited (SEOCH).


Date & Time
Monday, 6 Aug 2018 (2:00PM - 4:00PM)
HKSI Institute Training Centre