HKCC

Rules and Procedures of HKCC

	Rules
	Table of Contents
	Preface
	Chapter I - Interpretation
	Chapter II - HKCC Participantship
	Chapter III - Registration, Clearing, Risk
	Chapter IV - Clearing House Margin, Variation Adjustment, Cover for Margin and Accounts
	Chapter V - Limits and Defaults
	Chapter VI - Cash Settlement, Delivery and Exchange of Futures
	Chapter VII - The Reserve Fund and Loss Distribution Process
	Chapter VIII - Emergencies
	Chapter IX - DCASS
	Chapter X - CCMS
	Chapter XI - Clearing Service Termination Event
	Appendix A - Fees
	Appendix B - T+1 Session Cutoff Time
	Procedures
	Clearing House Procedures for Futures/Options Contracts Traded on the Automated Trading System of the Exchange ("HKATS")

	Table of Contents
	Chapter 1 - Registration Procedures
	Chapter 2 - Clearing and Settlement Procedures
	Chapter 2A - Settlement of Physical Delivery Contracts
	Chapter 3 - Clearing Documentation
	Chapter 4 - Reserve Fund Contribution
	Chapter 5 - Capital-Based Position Limits
	Chapter 6 - Typhoons and Rainstorms
	Chapter 7 - Clearing Service Termination Event
	Chapter 8 - HKCC Failure to Pay Event and HKCC Insolvency Event
	Appendix I-IV - deleted
	Appendix V
	Appendix VI-VIII - deleted

(Update No. 1 2018 of the HKCC Rules and Procedures is now available for subscription.  For those who wish to subscribe hardcopy updates to the HKCC Rules and Procedures, please complete and return the attached copy of the Updating Service Request Form.)