FTSE/Xinhua China 25 Index Options
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Underlying Index
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FTSE/XinhuaChina 25 Index (the share price index of that name compiled, computed and disseminated by FTSE/Xinhua Index Limited) |
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HKATS Code
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FXC |
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Contract Multiplier
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HK$50 per index point |
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Minimum Fluctuation
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One index point |
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Contract Months
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Spot, next two calendar months & next three calendar quarter months
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Exercise Style
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European Style |
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Option Premium
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Quoted in whole index points |
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Strike Prices
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Index points Intervals At or above 2,000 but below 8,000 100 At or above 8,000 200 |
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Trading Hours
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9:45 am - 12:30 pm & 2:30 pm - 4:30 pm (Expiring contract month closes at 4:00 pm on the Expiry Day)
The trading hours on eves of Christmas, New Year and Chinese New Year shall be 9:45 am - 1:00 pm
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Expiry Day
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The Business Day immediately preceding the last Business Day of the Contract Month |
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Official Settlement Price
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Average of quotations of the FTSE/Xinhua China 25 Index taken at five minute intervals during the Expiry Day |
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Transaction Costs |
Exchange Fee HK$5.00 Commission Levy HK$0.80 Commission Rate Negotiable |
Note:
FTSE/Xinhua China 25 Index Futures are not in any way sponsored, endorsed, sold or promoted by FTSE/Xinhua Index Limited ("FXI") or its licensors and none of them makes any warranty or representation whatsoever, express or implied as to the results to be obtained from the use of the FTSE/Xinhua China 25 Index Futures. All rights in and to the FTSE/Xinhua China 25 Index vest in FXI and/or its licensors as the case may be.
Please visit HKEx website http://www.hkex.com.hk/regulatory.htm for full contract specifications under
Trading Rules of the Rules, Regulations and Procedures of the Futures Exchange