Hong Kong Exchanges and Clearing (HKEX) announced today (Tuesday) that it will introduce long-dated contract months for its Hang Seng Index (HSI) and Hang Seng China Enterprises Index (HSCEI) Futures and increase the long-dated contract months for its HSI and HSCEI Options, with maturities up to 5.5 years, from Monday, 5 March 2018 to give investors more choices.
- HSI and HSCEI Futures and Options to be enhanced from 5 March to give investors more choices
- Long-dated contract months to be rolled out for HSI and HSCEI Futures
- Additional long-dated contract months to be rolled out for HSI and HSCEI Options
HKEX has thanked market participants for their support in the successfully completed rollout rehearsal on 3 February 2018.
HSI Futures, HSI Options, HSCEI Futures and HSCEI Options accounted for 40 per cent of the record high derivatives (futures and options) volume at HKEX last year.
Contract Months Before and After Changes
| Now | From 5 March 2018 | |
|---|---|---|
| HSI Futures | Spot, next calendar month and next 2 calendar quarter months |
Short-dated Futures Spot, next calendar month and next 2 calendar quarter months; andLong-dated Futures Following 5 December months |
| HSCEI Futures | ||
| HSI Options | Short-dated Options Spot, next 3 calendar months and next 3 calendar quarter months; andLong-dated Options Next 5 months of June and December |
Short-dated Options Spot, next 3 calendar months and next 3 calendar quarter months; andLong-dated Options Next 3 months of June and December and following 3 December months |
| HSCEI Options | Short-dated Options Spot, next 3 calendar months and next 3 quarter months; andLong-dated Options Next 3 months of June and December |