Central Clearing And Settlement System

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
CCASS
Pronunciation
/ˈsɛntrəl ˈklɪrɪŋ ənd ˈsɛtəlmənt ˈsɪstəm/
Category
Business
Related Field
Stock Exchange

Examples in Context

  1. A link between Hong Kong Interbank Clearing Limited and the central clearing and settlement system was set up in May1998 to provide delivery versus payment facility for shares in order to reduce risk and improve settlement efficiency.
  2. CMU is the central clearing and settlement system for debt securities in Hong Kong and RITS is a similar system for Australian government debt securities.
  3. Lacking order or methodical arrangement or function. CCASS Operational Procedures ( Central Clearing and Settlement System Operational Procedures )
  4. The Hong Kong Securities Clearing Company ( HKSCC ) operates the Central Clearing and Settlement System ( CCASS ) for securities trading at the SEHK.
  5. CCASS Operational Procedures ( Central Clearing and Settlement System Operational Procedures )