Finance:CCASS
From HandWiki
CCASS or Central Clearing and Settlement System is a securities settlement system used within the Hong Kong Exchanges and Clearing Limited (HKEx) market system. The CCASS is operated by the Hong Kong Securities Clearing Company Limited ("HKSCC") for clearing and settlement of securities transactions on the Stock Exchange of Hong Kong ("SEHK").
There are various categories of participants in CCASS, including Investor Participants, Direct Clearing Participants, General Clearing Participants, Clearing Agency Participants, Stock Pledgee Participants, Custodian Participants and Stock Lender Participants.
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