HKEx Derivatives Market Volume Rises 13.9 Per Cent in 2001
Corporate
11 Jan 2002
The Hong Kong Exchanges and Clearing Limited (HKEx) Derivatives Market's total futures and options contract volume rose 13.9 per cent in 2001 from the previous year.
Among the most active contracts, Three-Month HIBOR Futures volume rose 93.6 per cent, Hang Seng Index Options rose 31.6 per cent and Hang Seng Index Futures volume rose 9.4 per cent.
HKEx Derivatives Market Volume Statistics for 2001
|
Contract |
Average Daily Volume
in 2001
(Contracts) |
Volume
Jan-Dec 2001
(Contracts) |
Volume
Jan-Dec 2000
(Contracts) |
% Change
Jan-Dec 2001 vs
Jan-Dec 2000 |
|
Total Futures* |
24,198 |
5,830,672 |
4,521,926 |
+28.9 |
|
Hang Seng Index Futures |
18,220 |
4,400,071 |
4,023,138 |
+9.4 |
|
Mini - Hang Seng Index Futures |
3,188 |
769,886 |
120,165** |
- |
|
MSCI China Free Index Futures |
20 |
3,141 |
- |
- |
|
Stock Futures |
29 |
6,945 |
3,322 |
+109.1 |
|
International Stock Futures |
13 |
811 |
- |
- |
|
Rolling Forex |
17 |
4,226 |
3,279 |
+28.9 |
|
One-Month HIBOR Futures |
59 |
14,315 |
12,075 |
+18.6 |
|
Three-Month HIBOR Futures |
2,607 |
629,491 |
325,155 |
+93.6 |
Three-Year Exchange Fund Note
Futures |
42 |
1,175 |
- |
- |
|
Total Options* |
19,559 |
4,718,880 |
4,738,644 |
-0.4 |
| Hang Seng Index Options |
2,965 |
716,114 |
544,047 |
+31.6 |
|
Stock Options |
16,567 |
4,001,014 |
4,188,702 |
-4.5 |
| International Stock Options |
26 |
1,641 |
- |
- |
| Total Futures and Options* |
43,757 |
10,549,552 |
9,260,570 |
+13.9 |
* Trading in some contracts was suspended in 2001. Those contracts were included in the totals but not listed in the table.
** Trading in Mini-Hang Seng Index futures commenced on 9 October 2000.
The following established contracts set daily volume and open interest records in 2001:
| Contract |
Highest Daily Volume (contracts) |
Date |
Highest Open Interest (contracts) |
Date |
| Stock Options |
- |
- |
606,025 |
21/2/2001 |
| Three-Month HIBOR Futures |
10,050 |
24/7/2001 |
80,964 |
15/11/2001 |
| Mini-HSI Futures |
6,426 |
21/12/2001 |
3,190 |
27/9/2001 |
| One-Month HIBOR Futures |
800 |
9/1/2001 |
3,250 |
12/4/2001 |
The following are the records for contracts introduced in 2001:
| Contract |
Highest Daily Volume (contracts) |
Date |
Highest Open Interest (contracts) |
Date |
| International Stock Options |
1,169 |
8/11/2001 |
1,440 |
25/12/2001 |
| MSCI CFI Futures |
198 |
28/12/2001 |
263 |
28/12/2001 |
| Three-Year EFN Futures |
175 |
30/11/2001 |
375 |
31/12/2001 |
| International Stock Futures |
100 |
26/11/2001 |
111 |
29/11/2001 |
Other Highlights:
-
Mini-HSI Futures' December 2001 volume of 75,222 contracts was up 78 per cent from December 2000, and Mini-HSI Futures average daily volume in December 2001 was 4,179 compared with 2,223 in December 2000.
-
A total of 629,491 Three-Month HIBOR Futures contracts were traded in 2001 compared with 325,155 in 2000.
-
A total of 6,945 Stock Futures contracts were traded in 2001 compared with 3,322 in 2000.
-
The 2001 volume for Three-Year EFN Futures, which were introduced on 19 November, was 1,175 contracts.