| Items |
Specifications |
| Exchange |
HKFE |
| Underlying Stock Index |
Hang Seng Index |
| Contract Size |
HK$50 per index point* |
| Minimum Price Fluctuation |
One index point |
| Contract Month |
Spot Month, the next calendar month, and the next two calendar quarterly months (i.e. quarterly months are March, June, September, and December) |
| Daily Price Limits |
None |
| Trading Hrs |
Singapore Time:
Pre-Market Opening Period:
9:15 a.m. - 9:41 a.m. (Limit /stop orders allowed)
9:41 a.m. - 9:43 a.m. (Non-cancellation period - limit / stop orders not allowed)
9:43 a.m. - 9:45 a.m.* (Opening match price determined)
and
2:00 p.m. - 2:26 p.m. (Limit / stop orders allowed)
2:26 p.m. - 2:29 p.m. (Non-cancellation period - limit / stop orders not allowed)
2:29 p.m. - 2:30 p.m.* (Opening match price determined)
* If the opening match price is higher than your stop buy price, it will be rejected. Likewise, if the opening match price is lower than your stop sell price, it will be rejected.
Trading Hours:
9:45 a.m. - 12:30 p.m. and
2:30 p.m. - 4:15 p.m. (Hong Kong time) |
| Trading Hours on Last Trading Day |
Singapore Time:
9:45 a.m. - 12:30 p.m. and
2:30 p.m. - 4:00 p.m.# (Hong Kong time)
# The closing time shall be adjusted automatically to correspond with the closing time of the underlying cash market, as it may be set from time to time. |
| Last Trading Day |
The Business Day immediately preceding the last Business Day of the Contract Month |
| Final Settlement |
The first Business Day after the Last Trading Day
Cash settled contract of difference.
The Final Settlement Price for Hang Seng Index Futures Contracts shall be a number, rounded down to the nearest whole number, determined by the Clearing House and shall be the average of quotations of the Hang Seng Index taken at five (5) minute intervals during the Last Trading Day and compiled, computed and disseminated by HSI Services Ltd*. The Chief Executive of the Exchange has the power under the Regulations for trading Stock Index Futures Contracts to determine the Final Settlement Price under certain circumstances. |
| Close |
