Tag: VCM

March 15, 2021 BY Steffy Bogdanova

HKEX to implement VCM and POS enhancements in derivatives market

Additionally, a random cutoff mechanism is set to be introduced to the POS and pre-open allocation session to all relevant products in the derivatives market. This will include both morning and afternoon sessions. These changes will be implemented in order to prevent the chances of gaming strategies occurring when manipulating the Calculated Opening Price at…

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December 28, 2016 BY Valentina Kirilova

HKEX announces launch date for VCM in derivatives market

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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