Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.
HSI, MHI, HHI, MCH and DHH 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), Mini H-shares Index (MCH) and HSCEI Dividend Point Index (DHH) futures markets on Thursday, 16 May 2013 based on open positions in the markets at around 3:00 pm.
Stock Options Market
There will be special intra-day margin calls on Thursday, 16 May 2013 in respect of all open positions in the stock options market at around 3:00 pm on 16 May.
The above arrangements are based on the clearing houses’ normal procedures.
Exchange Participants have been advised to give advanced notice to their clients regarding the arrangements where appropriate.
Ends