Hong Kong Exchanges and Clearing Limited (HKEx) said today that futures and options trading was interrupted at 3:12 pm due to a power failure. The UPS system failed to immediately takeover. Conversion to the alternative back-up centre took place at 4:00pm. The Exchange is required to provide participants 30 minutes notice prior to reopening. The Exchange in consultation with the Securities and Futures Commission made the decision not to re-open the markets.
Trading of EFN Futures, HIBOR Futures and International Stock Futures and Options resumed at 4:30pm and will close at 5:00pm, the normal closing time. There will be no extension of trading hours.
Trading of Hong Kong stock-related futures and options will remain closed for the day.
The securities market closed at its normal time: 4:00 pm.
Clearing and settlement of futures and options will operate as normal in accordance with to the Rules and Procedures of the HKCC and SEOCH.