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Overview

ODP is a market-leading platform under development by HKEX that will deliver greater flexibility, consistency and efficiency to derivatives market clients.

ODP is part of our technology advancement journey to position our business and our markets for the future. Through the use of modular architecture, ODP will enable HKEX to enhance service offerings and more rapidly respond to the needs of our international client base. 

 

ODP underscores our commitment to driving innovation in our markets, cementing Hong Kong’s role as Asia’s risk management centre and an IFC.

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Richard Leung
Group Chief Information Officer, HKEX
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Platform Benefits

When completed, the ODP platform will deliver a range of benefits.


Technical excellence

Technical
Excellence

Creating a best-in-class, data-rich and reliable technology platform

 

capital

Capital
Efficiencies

Offering capital-efficient risk models aligned with international practices 

 

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Agility for
Growth

Capturing unique market opportunities, delivering timely, tailored solutions and offering flexibility for new asset classes

 

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Smooth, Orderly Transition

Providing backward compatibility for market participants

 

HKEX’s Technology Journey: Precision Engineering
In this podcast, HKEX’s Group Chief Information Officer Richard Leung and Group Chief Technology Officer John Hsu take us through HKEX’s technology journey, discussing why we are making long-term investments in our market infrastructure. 

Listen to the podcast
 

ODP enables us to better support our clients’ needs, unlock operational efficiencies and connect global opportunities, elevating HKEX’s competitiveness as a global exchange.

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John Hsu
Group Chief Technology Officer, HKEX
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Timeline
We aim to materially complete development in 2026, reach technical readiness by 2027 and roll out to market in 2027 and 2028 in phases to ensure a smooth transition.
FAQ

Latest Updates

Orion Derivatives Platform (ODP) Townhall - 4 May 2026

 

HKEX hosted the second Orion Derivatives Platform (ODP) Townhall on Monday, 4 May 2026, at the HKEX Connect Hall, with over 300 participants attending in person and online.

The session provided updates on the ODP implementation progress, migration approach and key readiness milestones, and outlined the testing arrangements and participant obligations. A recording of the ODP Townhall is available for participants who wish to revisit the presentation or who were unable to attend the session - please refer to the Resources section. Any inquiries, please contact odp_support@hkex.com.hk.

Resources

Contact

For further information about the Orion Derivatives Platform, please contact us: odp_support@hkex.com.hk