Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.
HSI, MHI, HHI and MCH Futures Markets
There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI), H-shares Index (HHI) and Mini H-shares Index (MCH) futures markets on both 3 and 5 April 2012 based on open positions in the markets at around 3:00 pm on both 3 and 5 April.
Stock Options Market
There will be special intra-day margin calls on both 3 and 5 April 2012 in respect of all open positions in the stock options market at around 3:00 pm on both 3 and 5 April.
The above arrangements are based on the clearing houses’ normal procedures.
Exchange Participants have been advised to give advance notice to their clients regarding the arrangements where appropriate.
Ends