HKEx Announces Details of Temporary Holiday Risk Management Arrangements
Market Operations
22 Mar 2013
Hong Kong Exchanges and Clearing Limited (HKEx) has announced the details of the holiday risk management arrangements below, following its news release dated 15 March 2013.
HSI, MHI, HHI, MCH and DHH Futures Markets
The margin levels of H-shares Index (HHI) and Mini H-shares Index (MCH) futures contracts will be temporarily increased after the close of business on 27 March 2013 (Wednesday) as outlined in the table below:
The margin levels of Hang Seng Index (HSI), Mini-Hang Seng Index (MHI) and HSCEI Dividend Point Index (DHH) futures contracts will remain unchanged.
The spread margin rates will remain unchanged during this period. The margin levels of HHI and MCH futures contracts will be restored to the current levels after the close of business on 28 March 2013.
Stock Options Market
The margin intervals for all options classes will be increased temporarily after the close of business on 27 March 2013 (see Appendix). The margin intervals will be restored to normal after the close of business on 28 March 2013.
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.
Appendix