Mini-Hang Seng Index Options
|
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
|
9:45 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
|
|
Expiry Day
|
The Business Day immediately preceding the last Business Day of the Contract Month |
|
Official Settlement
Price
|
Average of quotations of the Hang Seng Index taken at five minute intervals during the Expiry Day |
|
Transaction Costs |
Exchange Fee HK$2.00
Commission Levy HK$0.16
Commission Rate Negotiable |
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