Shanghai Clearing House, Foreign Exchange Trading Center: Starting from June 22nd, we will launch foreign currency repurchase optimization services.

Jinrong Times APP learned that on June 18, Shanghai Clearing House and China Foreign Exchange Trading Center issued a notice on the launch of optimized foreign currency repurchase services. In order to further optimize foreign currency repurchase transactions and clearing services, meet the needs of market institutions for collateral management and diversified settlement methods, Shanghai Clearing House and China Foreign Exchange Trading Center will launch optimized foreign currency repurchase services starting from June 22, 2026. During the existence of foreign currency pledge repurchase transactions, the two parties can initiate collateral replacement for unsettled transactions in the comprehensive business system of Shanghai Clearing House or the foreign exchange trading system of China Foreign Exchange Trading Center, which will take effect after confirmation by the counterparty. Before the settlement date, the two parties can initiate cash settlement in the comprehensive business system of Shanghai Clearing House, and Shanghai Clearing House will complete the buy-back repurchase settlement according to the cash settlement instructions. Specific online arrangements of the China Foreign Exchange Trading Center will be notified separately.