HSBC has adopted Nasdaq Calypso’s enhanced exchange-traded derivatives clearing platform, extending its use of the technology across its clearing operations.
HSBC has adopted Nasdaq Calypso’s exchange-traded derivatives (ETD) clearing platform, adding ETD clearing capabilities to its existing use of the technology for over-the-counter (OTC) derivatives and repo clearing. HSBC also uses the platform for repo clearing The bank already uses Nasdaq Calypso to clear OTC derivatives, including interest rate, inflation and credit default swaps. HSBC also uses the platform for repo clearing and plans to extend its use to US Treasury cash tra