Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

HSI, MHI, HHI and MCH Futures Markets

There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI), H-shares Index (HHI) and Mini H-shares Index (MCH) futures markets on 30 April 2009 (Thursday) based on open positions in the markets at around 3:00 pm on 30 April.

Stock Options Market

There will be special intra-day margin calls on 30 April 2009 (Thursday) in respect of all open positions in the stock options market at around 3:00 pm on 30 April.

The above arrangements are based on the clearing houses’ normal procedures.

Exchange Participants have been advised to give advance notice to their clients regarding the arrangements where appropriate.