mobile search

Marketing Programme for New Derivatives Products

Since September 2013, HKEX-IS introduced marketing programme to promote new derivatives products (“the Programme”).

The Programme has invoked the following key features at its renewal after expiry at 31 Dec 2019:

  1. Removal of Redistribution Fee waiver under the Programme effective 1 January 2020. IVs who are currently enroled/ will enrol in the Programme will be subject to respective Redistribution Fee regardless of the location of their clients from 1 January 2020 and onwards.

  2. Resumption of standard deposit requirement under the Programme. All IVs who are currently enroled/ will enrol in the Programme will be required to pay the applicable deposit. IVs can refer to our website for more details on our business requirement.

  3. Removal of Australia, Japan, New Zealand and Singapore from the regions covered under the Programme ('the Regions") effective 1 March 2020. The number of regions covered is now reduced to 7, namely India, Korea, Malaysia, Mainland China, Taiwan, Thailand and Vietnam. Level 1 & Level 2 10-depth data Subscriber Fees Waiver for clients in the 7 regions remains unchanged. (subject to conditions detailed below)

  4. Extending the Programme duration from end of 2019 to end of 2020.

Programme Duration

From September 2013 to end of 2020

Waiver on Subscriber Fee for Streaming Level 1 and Level 2 Data services

Requirements:

(1)IV’s services must display real-time data of the following products: HKEX’s new Currency Products, new Equity Products, new Commodities Products, CESC Index Futures, as updated by HKEX-IS from time to time; and

(2) Only apply to the subscribers from the Regions

Waiver on Subscriber Fee for BMP services

Requirements:

(1) IV’s BMP Service must display data of the following products:HKEX’s new
Currency Products, new Equity Products, new Commodities Products, CESC
Index Futures,
as updated by HKEX-IS from time to time; and
(2) BMP Websites shall include a version in local language of one the Regions


Loading