Tailor-Made Combination 
06/03/2014 
 

Tailor-Made Combination (“TMC”) is a new trading function provided by the Genium INET Platform* to execute option strategies.

 

Option strategy with multiple legs can now be auto-matched in the trading system in one net price. The new TMC function covers Index Futures, Index Options and Single Stock Options.

 
Investors and traders not only could conduct combination trades more efficiently, they may also enjoy the benefit of higher capital efficiency by having a lower required margin as compared to single-leg strategies^.
 
Please download the TMC Guide Sheet here to further understand this new function.
 

* The HKATS system is upgraded to Genium INET Platform to provide significant improvement in trading and clearing capacities, and ultra-low order processing latency to support further development in the derivatives market.
^ Individual Client Account required

 
Benefits Details
One Net Price

Users can create combinations with up to FOUR legs (options and futures) and place orders with the one net price

Auto-Matching

Orders for Tailor-Made Combinations will be ranked and matched by HKATS automatically according to price/time priority

Ability to Send Quote Requests Users can send quote requests for Tailor-Made Combinations to induce trading interests
An Efficient Combination Trade Facility For options rollovers, options strategies and delta hedging
Certainty of Execution Option strategy order will be executed only if all the legs are simultaneously executed with no risk of any failed legs
 
Quote Request Hotlines
Liquidity Provider Hotline Number Index Options TMC Stock Options TMC
Optiver Trading Hong Kong Limited
 
+612 92756750
+612 92756188

Liquid Capital Markets Hong Kong Limited
 
+612 82311189

Eclipse Options (HK) Limited (Note: For institutional investors only)
 

+852 2108-7372 (Index)
+852 2108-7371 (Stock)

 
Market Data
Daily Market Report (Hang Seng Index Futures and Options)
Daily Market Report (Mini-Hang Seng Index Futures and Options)
Daily Market Report (H-Shares Index Futures and Options)
Daily Market Report (Stock Options)
Daily Market Report (Archive)
  
Further Information
More details of TMC
TMC Guide Sheet
 
Related Circular(s)
Introduction of Tailor-Made Combination Function on Genium INET Platform
 
Enquiries
For enquiries, please send an email to products@hkex.com.hk.