Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.
HSI, MHI, HHI, MCH, DHS and DHH Futures Markets
There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI), H-shares Index (HHI), Mini H-shares Index (MCH), HSI Dividend Point Index (DHS) and HSCEI Dividend Point Index (DHH) futures markets on Monday, 31 December 2012 based on open positions in the markets at around 12:00 noon on 31 December.
Stock Options Market
There will be special intra-day margin calls on Monday, 31 December 2012 in respect of all open positions in the stock options market at around 12:00 noon on 31 December.
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.
