HKEx Announces Liquidity Providers for After-Hours Futures Trading
Market Operations
02 Apr 2013
Hong Kong Exchanges and Clearing Limited (HKEx) has appointed the following liquidity providers for its After-Hours Futures Trading (AHFT) session between the session’s launch on 8 April 2013 and 31 December 2013.
|
AHFT Futures Contracts |
AHFT Liquidity Providers |
Hang Seng Index Futures and
H-shares Index Futures * |
- IMC Asia Pacific Limited
- Newedge Financial Hong Kong Limited
|
Liquidity providers will be required to provide continuous two-way quotes in the spot month of each product with a bid / offer spread not greater than 20 index points and a quote size not less than five contracts for at least 80 per cent of the trading time in the AHFT sessions each month.
Please see the HKEx news release issued on 19 March 2013 for details on the liquidity provider programme for HKEx’s AHFT session.
* Hang Seng Index Futures and H-shares Index Futures, the contracts for AHFT, accounted for about 80 per cent of HKEx’s average daily futures trading volume in February 2013.
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