HKFE Hang Seng Index Futures

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In 2007, HKFE Hang Seng Index futures traded 17,160,964 contracts (+34.9 percent YOY) and HKFE Hang Seng Index futures options traded 7,480,183 (+82.6 percent YOY)[1].


Hang Seng Index futures
Exchange Hong Kong Exchanges and Clearing
Settlement Cash settled
Contract Size HK$50 per index point
Pricing Unit HK$50
Tick Value HK$50
Contract Months Spot, next calendar month & next two calendar quarter months.
Last Trading Day The business day immediately preceding the last business day of the contract month.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 9:45 am - 12:30 pm & 2:30 pm - 4:30 pm

(Expiring contract month closes at 4:00 pm on the Last Trading Day)

The trading hours on eves of Christmas, New Year and Chinese New Year shall be 9:45 am - 1:00 pm

Ticker Symbol N/A HSI
Price Limits N/A N/A
 
Hang Seng Index options
Trade Unit One futures contract
Point Value HK$50 (One index point)
Tick Value HK$50 (One index point)
Option Months Short-dated Options:- Spot, next two calendar months & next three calendar quarter months

Long-dated Options:- the next five months of June & December

Strike Prices Short-dated options

Index points Intervals

At or above 2,000 but below 8,000 - 100

At or above 8,000 - 200


Long-dated options

Index points Intervals

At or above 8,000 but below 12,000 - 400

At or above 12,000 but below 15,000 - 600

At or above 15,000 but below 19,000 - 800

At or above 19,000 - 1,000

Exercise Style European
  No Open Outcry Electronic
Trading Hours N/A 9:45 am - 12:30 pm & 2:30 pm - 4:30 pm

(Expiring contract month closes at 4:00 pm on the Expiry Day)

Ticker Symbol N/A N/A
Price Limits N/A N/A

Notes

Resources

Contract Summary Hang Seng Index Futures

Contract Summary Hang Seng Index Options

References

  1. Derivatives Market Yearly Statistics. HKEx.