HKEX Launches Hang Seng TECH Index Futures Options and Further Enhances Existing Hang Seng TECH Index Derivatives Products
- Hang Seng TECH Index Futures Options begins trading today
- Hang Seng TECH Index Options introduced in After-Hour Trading Session, effective today
- Additional contract months for Hang Seng TECH Index Futures and Hang Seng TECH Index Options introduced, effective today
HKEX's Hang Seng TECH Index Futures Options (Options on Futures, OOF) will begin trading today and complement the existing derivatives suite on
HKEX's OOFs were launched in
A trading fee discount will be applied to the new Hang Seng TECH Index Futures Options until further notice. The SFC's commission levy of this contract will also be exempted for six months.
HKEX Chief Operating Officer & Co-Head of Markets
HKEX is also pleased today to announce the inclusion of Hang Seng TECH Index Options in the After-Hours Trading (AHT) Session, commencing today, 28 November. In part, due to global market volatility, there has been significant increase in activity in the AHT session, with ADV in the AHT session at 107,191 contracts as at
In addition, HKEX has added new contract months for its Hang Seng TECH Index Futures and Hang Seng TECH Index Options (see appendix for details), which are also available for trading from today, giving investors a more complete term structure for their trading and risk management needs. Trading of the Hang Seng TECH Index Futures has gained strong momentum since its launch in 2021, with ADV growing 389% to 71,967 contracts as at
Detailed specifications of the Hang Seng TECH Index Futures Options as well as other enhancements made to the trading of Hang Seng TECH Index derivatives products are available in this circular.
APPENDIX
Contract Months available for Hang Seng TECH Index derivatives starting
Products |
Contract Months |
Hang Seng TECH Index Futures, Hang TECH Index Options & Hang Seng TECH Index Futures Options |
Short-dated contracts: Spot month, next three calendar months and next three calendar quarter months
Long-dated contracts: the three months of June and December following the contract months specified for short-dated contracts |
About HKEX
As a superconnector and gateway between East and West, HKEX facilitates the two-way flow of capital, ideas and dialogue between
HKEX is a purpose-led organisation which, across its business and through the work of
View original content:https://www.prnewswire.com/news-releases/hkex-launches-hang-seng-tech-index-futures-options-and-further-enhances-existing-hang-seng-tech-index-derivatives-products-301687547.html
SOURCE