The Hong Kong Futures Exchange (HKFE) announced today that the Securities and Futures Commission and the Board of Hong Kong Exchanges and Clearing Limited have given formal approval to the migration of Hang Seng Index (HSI) Futures and Options from open outcry trading to electronic trading on HKATS, and the HKFE confirmed the migration will take place on 5 June.

"HKATS has demonstrated its readiness in a thorough testing process that was monitored by the Exchange and regulators," HKFE Chief Executive Fred Grede said.

"The Exchange appreciates the substantial co-operation and support that Participants have committed to the migration project," Mr. Grede added. "And the Exchange and Participants look forward to realising significant mutual benefits from the migration of HSI Futures and Options to HKATS, beginning on June 5th."

For further enquiries, please contact HKFE Corporate Communications: Ms. Chiu Yeung 2842 9322 or Mr. Scott Sapp on 2842 9421.