In the early morning of March 28, Shanghai launched a new round of nucleic acid screening in the city.
In the early morning of the 28th, the Shanghai Stock Exchange opened on time, and the financial market achieved smooth operation under the challenge of the epidemic.
During this period, several financial infrastructures played an important role.
A reporter from China Business News learned that as a systemically important financial infrastructure in the country, Shanghai Clearing House has introduced many measures.
The Party Committee of Shanghai Clearing House attaches great importance to epidemic prevention and control work, and has set up a special epidemic prevention and control work leading group.
The relevant person in charge of the Shanghai Clearing House told reporters that on the evening of March 27, the company's party committee made an emergency deployment, adhering to the principle of minimizing the number of personnel on duty, and combining the company's actual work, emergency deployment of personnel on duty rushed to the company overnight, and timely implemented the on-site arrangement. , to ensure the smooth opening of the market on March 28.
On the 28th, various businesses such as corporate bonds, foreign exchange, interest rates, and commodities were carried out smoothly.
After the outbreak of the current round of the epidemic, SHCH has made every effort to ensure the safe and stable operation of various businesses with emergency mechanisms such as AB post rotation, mutual preparation of office space, and 24-hour presence of key positions on site.
On the one hand, we will effectively strengthen business risk monitoring and response.
For example, assign special personnel to conduct business risk monitoring and data statistics, quickly formulate business emergency work plans for bonds and foreign exchange during the epidemic prevention and control period, and map out the business emergency handling needs of market institutions in areas affected by the epidemic in advance, and effectively guarantee bond issuance custody, foreign exchange Various businesses such as central counterparty clearing were operated in a safe and stable manner; at the same time, we continued to make every effort to promote key tasks such as bond market interconnection, so as to ensure uninterrupted business services and uninterrupted key tasks.
On the other hand, a "green channel" for business processing was opened to respond to market demands in a timely manner.
For example, we will continue to follow up on key businesses such as tender issuance, breach of contract disposal, and "south-to-south access", and assign special personnel to respond to the demands of market institutions in regions affected by the epidemic. Simplify the handling process and provide convenient services, so that it can be done on the spot and completed on the same day.
In addition, it maintains close contact with commodity clearing members, brokerage companies, and customers with positions, continues to provide market risk warnings, provides accurate point-to-point services, and relies on online platforms to push the latest market analysis, hot spot interpretation, etc.
In addition, the technical system is the cornerstone of all work carried out by SHCH.
In order to further consolidate the cornerstone, according to the emergency plan for major public health incidents in the company's information system, SHCH adopted the plan of AB post shifts, one post with multiple corners, and on-site and home office as soon as possible to effectively guarantee the company's office, production and system construction, etc. normal conduct of business.
Secondly, strictly abide by the bottom line of safety production, follow the principle of "production and prevention and control are correct", define the on-site teams for key production positions, maintain the simultaneous provision of services by the dual-center system in the same city, and the dual-center personnel are on duty 7X24 hours to backup and support each other; , Before the spread of the epidemic, urgently add remote emergency production terminals to effectively ensure the smooth development of the company's on-site security + remote office model; actively do a good job in ensuring employees' home office and remote meetings, and arrange for special personnel to be responsible for VPN and remote office. Coordination, conference call, etc. are opened and guaranteed.
During the epidemic prevention period, many market institutions under lockdown are also facing many problems.
In this regard, based on the recent market consultation, SHCH has specially compiled and formed a working manual that fits the actual situation of the dual-pillar business of clearing and custody to improve the quality and efficiency of market services. , quickly conduct targeted communication with ICBC, Bank of China, Mitsubishi Bank, Citibank and many other domestic and foreign market institutions in the closed area of Shanghai, master the internal business continuity arrangements of each institution, and focus on understanding the possible existence of business development process. Difficulties and matters requiring assistance, and closely coordinate with relevant participants and liquidity support partners to make relevant plans together to ensure the safe operation of the market.