HKEx Announces Temporary Holiday Risk Management Arrangements

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.
 
HSI, MHI, HHI and MCH 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) and Mini H-shares Index (MCH) futures markets on Monday, 12 September 2011 based on open positions in the markets at around 3:00 pm on 12 September.
 
Stock Options Market
 
There will be special intra-day margin calls on Monday, 12 September 2011 in respect of all open positions in the stock options market at around 3:00 pm on 12 September.
 
The above arrangements are based on the clearing houses’ normal procedures.
 
Exchange Participants have been advised to give advanced notice to their clients regarding the arrangements where appropriate.