Hong Kong Exchanges and Clearing Limited (HKEX), The London Metal Exchange (LME) and LME Clear (LMEC) (wholly-owned subsidiaries of HKEX) just announced that Garry Jones, the LME’s Chief Executive and an executive director of the LME and LMEC, is retiring from all his positions within the HKEX Group, including his positions at the LME and…
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Just a few days after Hong Kong Exchanges and Clearing Limited (HKEX) announced that USD/CNH futures volume rose to all-time high, the exchange published a set of market statistics for the full year of 2016. The year saw an outstanding performance in Hong Kong’s derivatives market with a number of new records set. Total turnover…
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Hong Kong Exchanges and Clearing Limited (HKEX) just announced it will implement the Volatility Control Mechanism (VCM) in its derivatives market on 16 January 2017. The rollout was deferred on 13 November 2016 when a technical issue was identified during the final preparation. All necessary analysis and follow-up to resolve the technical issue have been…
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The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has noted from its recent investigations and disciplinary actions that a number of company directors have failed in their duties and not taken a proactive role in fulfilling their responsibilities as directors, either due to a lack…
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Hong Kong Exchanges and Clearing Limited (HKEX) has just announced that will change the trading-fee tier of several of its Stock Option classes from January 3, 2017 based on its latest annual review of the classifications. The trading-fee classifications are comprised of the following three tiers: Tier 1: notional value above $25,000 Tier 2: notional…
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Hong Kong Exchanges and Clearing Limited (HKEX) has decided to defer the rollout of the Volatility Control Mechanism (VCM) for the derivatives market scheduled for tomorrow, 14 November 2016, to a date to be announced after a potential technical issue was identified during its final rollout preparation. The potential technical issue is rare and specific…
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The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has announced that with effect from 18 November, 2016, 37 additional securities will be eligible for short selling and 28 existing designated securities will be removed from the list. The total number of designated securities for short…
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Hong Kong Exchanges and Clearing Limited (HKEX) has presented the unaudited consolidated results of the Exchange for the nine months ended 30 September 2016. Here are some of the highlights: Revenue and overall financial performance remained steady in Q3 2016, compared to the prior quarter, with some pickup in volumes during September. Revenue and other…
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It's been few months since the Hong Kong Exchanges and Clearing Limited (HKEX) has rolled out its Volatility Control Mechanism (VCM) for its securities market. Time has come for the exchange to do the same for its derivatives market on Monday, 14 November 2016. The VCM is a measure designed to protect market integrity by preventing extreme…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) has announced that today's (Friday) trading sessions in the securities and derivatives markets, including After-Hours Futures Trading, have been cancelled due to the issuance of Typhoon Signal No. 8. No securities clearing and settlement services will be provided for the day. No Stock Connect northbound trading is available…
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