ChinaFICC

China has the world’s second largest equity and bond markets, yet foreign ownership is underweight. Regulation makes access challenging and expensive. Specific access channels are complicated to navigate and always evolving, creating new rules to comply with, new workflows to be adapted to and new counterparties to onboard. ChinaFICC’s ambition is to create a trusted, centralised infrastructure that solves once and solves for everyone, keeping all compliant to regulatory changes, bringing competitive pricing, and managing regulatory reporting and inter-party messaging, reference data and risk analysis to the execution and settlement landscape. Our first use-case seeks to address competitive access to the domestic RMB (CNY) in order to reduce hedging costs and tracking risk, providing tools to optimise order management and routing, whilst ensuring that all participants remain compliant.