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HKEX to Revise Strike Intervals for its Most Actively Traded Stock Index Options

Products
01 Dec 2017

  • Revise strike intervals for HSI, Mini-HSI, HSCEI and Mini-HSCEI options from 22 January 2018
  • Aim to give investors more choices for trading

 

Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will revise the strike intervals for its four most actively traded stock index options contracts – Hang Seng Index (HSI) Options, Hang Seng China Enterprises Index (HSCEI) Options, Mini-HSI Options and Mini-HSCEI Options – from Monday, 22 January 2018 (details are shown in the table below).

The plan is based on comments from market participants and aims to provide more choices for trading.

Stock Index Option Strike Intervals

 
Current 
 From 22 January 2018
Index Points Strike Interval Index Points  Strike Interval
  Short-dated Options:
  ≥ 8,000  200  ≥ 20,000 200
  ≥ 2,000 and < 8,000 100  ≥ 5,000 and < 20,000  100
  < 2,000 50  < 5,000 50
  Long-dated Options:
  ≥ 19,000  1,000  ≥ 20,000  400
  ≥ 15,000 and < 19,000  800  ≥ 5,000 and < 20,000  200
  ≥ 12,000 and < 15,000  600  < 5,000  100
  ≥ 8,000 and < 12,000  400  
  ≥ 4,000 and < 8,000  200
  < 4,000  100

Note: All existing options series will be available for trading until expiry.

Additional information is available in the circular issued on 16 November and the circular issued today.

 

Ends

Updated 08 Feb 2018

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