Naming Conventions of Stock Short Name and Stock Code Allocation Plan for Leveraged and Inverse Products 
05/02/2016 
 
Stock full name for L&I Products

The product name should always include the leverage or inverse factor and the word “daily”, for example

 a two-time Leveraged Product should be called “[Issuer] [Index] Daily (2x) Leveraged Product”; and

 an one-time Inverse Product should be called “[Issuer] [Index] Daily (-1x) Inverse Product”.

 

Naming convention of stock short names for L&I Products

Stock short names should begin with a “L” for Leveraged Products and an “I” for Inverse Products. Please see examples below:

1.     English

 Leveraged Products   

HKD counter

F/X

L

2

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

RMB counter

F/X

L

2

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

-

R

USD counter

F/X

L

2

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

-

U

 Inverse Products 

HKD counter

F/X

I

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

RMB counter

F/X

I

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

-

R

USD counter

F/X

I

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

Z

-

U

2.     Chinese

 Leveraged Products   

HKD counter

F/X

L

Z

Z

Z

Z

Z

RMB counter

F/X

L

Z

Z

Z

Z

R

USD counter

F/X

L

Z

Z

Z

Z

U

 Inverse Products  

HKD counter

F/X

I

Z

Z

Z

Z

Z

Z

RMB counter

F/X

I

Z

Z

Z

Z

-

R

USD counter

F/X

I

Z

Z

Z

Z

-

U

 

F = Futures-based, X = Swap-based

L = Leveraged, I = Inverse

2/ = Leverage factor in English/Chinese

Z = Provider’s short name & name of underlying index

R = Indicator for L&I Products in RMB counter, U = Indicator for L&I Products in USD counter

 

Stock code range for L&I Products

The stock code range for Leveraged Products (2x) and for Inverse Products (-1x) are as follows: 

HKD counter

RMB counter

USD counter

2x

7200 - 7299

87200 - 87299

9200 - 9299

-1x

7300 - 7399

87300 - 87399

9300 - 9399