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HKEx Derivatives Market Quarterly Market Statistics

Statistics
09 Apr 2001

HKEx Derivatives Market

Quarterly Market Statistics

The Hong Kong Exchanges and Clearing Limited (HKEx) Derivatives Market has set several daily volume and open interest records since the beginning of the year.

One- and Three-month HIBOR Futures have both set volume and open interest records since 1 January. Three-month HIBOR Futures volume hit a new record high on 2 April when 8,850 contracts were traded, and a new open interest mark was set on 19 March when open interest was 43,231 contracts. One-month HIBOR Futures volume hit a new record high set on 9 January when 800 contracts were traded, and a new open interest mark was set on 3 April when open interest was 3,200 contracts.

In addition, Mini-Hang Seng Index Futures volume was 4,126 contracts on 23 March, exceeding the old record of 3,488 set on 1 December 2000 and the open interest of 3,112 contracts on 27 February exceeded the old record of 1,721 set on 29 November 2000.

Total futures and options trading volume in the first quarter rose 48 per cent from the same period last year, led by a 100.9 per cent increase in stock options volume.

Record High (Q1 2001)

Product

Volume

Date

Open Interest

Date

Mini-Hang Seng Index Futures 4,126 23 Mar 2001 3,112 27 Feb 2001
3-Month HIBOR Futures - - 43,231 19 Mar 2001
1-Month HIBOR Futures 800 09 Jan 2001 2,650 30 Mar 2001
Stock Options - - 606,025 21 Feb 2001

Historical Record High (up to 29 December 2000)

Product

Volume

Date

Open Interest

Date

Mini-Hang Seng Index Futures 3,488 01 Dec 2000 1,721 29 Nov 2000
3-Month HIBOR Futures 8,305 05 Aug 1998 37,558 13 Nov 2000
1-Month HIBOR Futures 530 17 Nov 1998 1,550 12 Jan 2000
Stock Options 112,718 23 Dec 1997 604,626 27 Oct 2000

Individual Product Performance

Product

1Q 2001

Avg Daily Volume

1Q 2000

Avg Daily Volume

% Total
Volume change

% Average
Volume change

All Futures 1,394,601 23,051 1,127,452 17,896 23.7% 28.8%
All Options 1,473,230 24,351 809,907 12,856 81.9% 89.4%
Futures & Options 2,867,831 47,402 1,937,359 30,752 48.0% 54.1%
Stock Options 1,305,991 21,587 650,065 10,318 100.9% 109.2%
Hang Seng Index Futures 1,055,311 17,443 1,053,816 16,727 0.1% 4.3%
Mini-Hang Seng Index Futures 154,701 2,557 - - - -
3-Month HIBOR Futures 175,009 2,893 51,346 815 240.8% 254.9%
1-Month HIBOR Futures 7,650 126 3,100 49 146.8% 157.0%

Updated 09 Apr 2001