Contract Summary 

Mini-Hang Seng Index Options



Contract Terms

Underlying Index


Hang Seng Index




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


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.