OTC Clear has recently drawn up its updated Liquidity Risk Multiplier following an intensive review and calibration process in accordance with Chapter 4 of the OTC Clearing Hong Kong Limited Clearing Procedures. This was based on the poll results from all Clearing Members in December 2022, which have been meticulously assessed and analyzed to ensure the viability of the revised levels of Liquidity Risk Multiplier.
The revised Liquidity Risk Multiplier will take effect from 14 March 2023, as seen on the OTC website. These tables summarize the revised levels of Liquidity Risk Multiplier, which are pertinent to all Clearing Members, and OTC Clear encourages each member to review their respective limits and adjust accordingly to ensure compliance with the latest updates.