Contract Summary 
22/07/2016 
 

Mini-Hang Seng Index Options

 

                                         
Item


Contract Terms

Underlying Index

 

Hang Seng Index

HKATS Code

 

MHI

Contract Multiplier

 

HK$10 per index point

Minimum Fluctuation

 

One index point

Contract Months

 

Spot, next calendar month, & next two calendar quarter months

Exercise Style

 

European Style

Option Premium

Quoted in whole index points

 

Strike Prices

Index points                                     Intervals
At or above 2,000 but below 8,000         100
At or above 8,000                                     200

Trading Hours

 

9:15 am - 12:00 noon & 1:00 pm - 4:30 pm

(Expiring contract month closes at 4:00 pm on the Expiry Day)

 

Expiry Day

 

The Business Day immediately preceding the last Business Day of the Contract Month

Official Settlement
Price

 

The average of quotations of Hang Seng Index taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the Expiry Day.

Transaction Costs

Exchange Fee                    HK$2.00
Commission Levy               HK$0.10
Commission Rate               Negotiable

Please visit “Rules, Regulations and Procedures of the Futures Exchange” of “Trading Rules” under “Rules and Regulations” of the HKEx website for full contract specifications.