CCASS Course 2 – Clearing and Settlement (Part I)
This course is retired. If you wish to enrol in the updated version (TERFR23012101), please click here.
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.
This course is with Cantonese narration and supplemented with English materials.
On completion of this course, you will be able to:
- Describe the process of the logging on and off the CCASS system
- Identify the differences between Exchange and Non-Exchange Trades
- State the workflow of Exchange and Non-Exchange Trade settlements
- Describe the specific functions and mechanisms of Continuous Net Settlement (CNS), Isolated Trade (IT), Settlement Instruction (SI) and Investor Settlement Instruction (ISI)
This course consists of 2 modules, each with a duration of 1.5 hours:
1. CCASS Logon and Logoff
2. Types of Transaction
3. Exchange Trades
Who should attend
Responsible officers, operations staff (in particular back office settlement staff), sales staff and account executives of brokerage firms.