HKEx Announces Temporary Holiday Risk Management Arrangements
Market Operations
25 Jan 2008
Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.
HSI, MHI and HHI Futures Markets
There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI) and H-shares Index (HHI) futures markets on 6 February 2008 (Wednesday) based on open positions in the markets at around 12:00 noon on 6 February.
Stock Options Market
There will be special intra-day margin calls on 6 February 2008 (Wednesday) in respect of all open positions in the stock options market at around 12:00 noon on 6 February.
The above arrangements are based on the clearing houses’ normal procedures.
Exchange Participants have been advised to give advanced notice to their clients regarding the arrangements where appropriate.