The International Stock Futures contracts are standard cash-settled stock futures contracts. The International Stock Options contracts are European-style cash-settled options on the International Stock Futures contracts.
The underlying stocks for the International Stock Futures and Options (ISFO) contracts are five stocks from each of the following markets: Japan, South Korea, Taiwan and the US. The underlying stocks were chosen based on several factors, including liquidity, market capitalisation and public awareness.
"With our International Stock Futures and Options, investors will have access to futures and options based on leading stocks from Asia and the US in one convenient marketplace," said Frederick Grede, Chief Operating Officer of HKEx.
Key features of the ISFO contract specifications and a list of the underlying stocks accompany this news release.
The list of the underlying stocks is also posted on the HKEx website (www.hkex.com.hk). The trading calendar and the complete contract specifications will be posted on the website before trading commences.
