Frequently Asked Questions 
28/09/2010 
 
Part 6 : Risk Management
6.1 How do Participants calculate the marks with CNS positions? to be settled in RMB?  What’s the exchange rate?
 

Marks and concentration collateral obligations on RMB products to be cleared by HKSCC will be converted to a HKD equivalent calculated at the exchange rate as determined by HKSCC from time to time.  Reference will be made to the available market information on the exchange rate. HKSCC reserves the right to collect the amount in RMB.
   

6.2 Will HKSCC accept RMB as cash collateral?
   

HKSCC will consider accepting RMB as cash collateral on a case by case basis.