Open Account
Local Futures & Options
| Hang Seng Index Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$50 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | 8:45am - 9:15am 12:30pm - 1:00pm |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | $87979 |
| Spread Margin | $20282 |
| H-shares Index Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$50 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | 8:45am - 9:15am 12:30pm - 1:00pm |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | $31720 |
| Spread Margin | $12435 |
| Mini-Hang Seng Index Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$10 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | 8:45am - 9:15am 12:30pm - 1:00pm |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | $17595 |
| Spread Margin | $4056 |
| Mini H-Shares Index Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$10 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) 9:15am - 12:00 noon; 1:00pm - 4:30pm(Normal Day Trading) 5:15 p.m. - 3:00 a.m. next day (After-Hours Futures Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | $6344 |
| Spread Margin | $2487 |
| Hang Seng TECH Index Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$50 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | 8:45am - 9:15am 12:30pm - 1:00pm |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | $29698 |
| Spread Margin | $4761 |
| Hang Seng Index Options | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$50 per index pt |
| Contract months | spot month, the next 2 calendar months, and the next 3 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) 5:15 p.m. - 3:00 a.m. next day (After-Hours Futures Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | Calculate by the SPAN method |
| Spread Margin | N/A |
| Mini-Hang Seng Index Options | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$10 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) 5:15 p.m. - 3:00 a.m. next day (After-Hours Futures Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | Calculate by the SPAN method |
| Spread Margin | N/A |
| H-shares Index Options | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$50 per index pt |
| Contract months | spot month, the next calendar month, and the next 3 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) 5:15 p.m. - 3:00 a.m. next day (After-Hours Futures Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | Calculate by the SPAN method |
| Spread Margin | N/A |
| Mini H-Shares Index Options | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$10 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) 5:15 p.m. - 3:00 a.m. next day (After-Hours Futures Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | Calculate by the SPAN method |
| Spread Margin | N/A |
| Hang Seng TECH Index Option | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$50 per index pt |
| Contract months | spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month (market closed:4:00pm) |
| Final settlement day | the first business day after the last trading day |
| Initial Margin | Calculate by the SPAN method |
| Spread Margin | N/A |
| HSI Dividend Point Index Futures (HSI Dividend Futures) | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | HK$50 per index pt |
| Contract months | Five nearest December contract months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the third last business day of the month (market closed:4:15pm) |
| Final settlement day | the second business day after the last trading day |
| Initial Margin | $3750 |
| Spread Margin | $4508 |
| HSCEI Dividend Point Index Futures (HSCEI Dividend Futures) | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | HK$50 per index pt |
| Contract months | Five nearest December contract months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00pm (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | the third last business day of the month (market closed:4:15pm) |
| Final settlement day | the second business day after the last trading day |
| Initial Margin | $1290 |
| Spread Margin | $1556 |
| HSI Volatility Index Futures | |
|---|---|
| Minimum fluctuation | 0.05 index point |
| Contract value | HK$5000 per index pt |
| Contract months | Spot month and the next two calendar months |
| Settled in | Cash |
| Trading hours | 9:30am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | 30 calendar days prior to the second last Business Day of the next month |
| Final settlement day | First Business Day after last trading day |
| Initial Margin | $35112 |
| Spread Margin | $10533 |
| CES Gaming Top 10 Index | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $23580 |
| Spread Margin | $7075 |
| Hang Seng Mainland Oil & Gas Index | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $4482 |
| Spread Margin | $1356 |
| Hang Seng Mainland Banks Index | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $10121 |
| Spread Margin | $3045 |
| Hang Seng Mainland Healthcare Index?? | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $17343 |
| Spread Margin | $5213 |
| Hang Seng Mainland Properties Index | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $29393 |
| Spread Margin | $8817 |
| Hang Seng IT Hardware Index | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $10626 |
| Spread Margin | $3192 |
| Hang Seng Software & Service Index | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon |
| Pre-Market Opening Period | N/A |
| Last trading day | The business day immediately preceding the last business day of the contract month |
| Final settlement day | The first business day after the Last Trading Day of the contract month |
| Initial Margin | $25841 |
| Spread Margin | $7753 |
| IBOVESPA Futures | |
|---|---|
| Minimum fluctuation | 5 index point |
| Contract value | HK$5 per index pt |
| Contract months | Two nearest even-numbered calendar months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:30noon (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | The last trading day determined by BVMF (i.e. usually the Wednesday closest to the 15th calendar day of the Contract Month). If it is not a Hong Kong Business Day, the last trading day shall be the immediately preceding Hong Kong Business Day. |
| Final settlement day | The second Business Day after the Last Trading Day |
| Initial Margin | $36388 |
| Spread Margin | $10919 |
| MICEX Index Futures | |
|---|---|
| Minimum fluctuation | 0.05 index point |
| Contract value | HK$100 per index pt |
| Contract months | Two nearest quarter calendar months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:00noon (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | The last trading day is determined by MICEX-RTS(i.e. usually The 15th calendar day of the Contract Month). If it is not a Hong Kong Business Day, the last trading day shall be the immediately preceding Hong Kong Business Day. |
| Final settlement day | The second Business Day after the Last Trading Day |
| Initial Margin | $40711 |
| Spread Margin | $12222 |
| FTSE/JSE Top40 Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | HK$10 per index pt |
| Contract months | Two nearest quarter calendar months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:30noon (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | The last trading day is determined by JSE (i.e. usually the third Thursday of the Contract Month). If it is not a Hong Kong Business Day, the last trading day shall be the immediately preceding Hong Kong Business Day |
| Final settlement day | The second Business Day after the Last Trading Day |
| Initial Margin | $44834 |
| Spread Margin | $13459 |
| CES China 120 Index (CES 120) | |
|---|---|
| Minimum fluctuation | 0.5 index point |
| Contract value | HK$50 per index pt |
| Contract months | Spot month, the next calendar month and the next two calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:15am - 12:30noon (Half Day Trading) |
| Pre-Market Opening Period | N/A |
| Last trading day | Business Day immediately preceding the last Business Day of the Contract Month If it falls on a Mainland China public holiday, the Last Trading Day will be the previous Hong Kong and Mainland China Business Day.(market closed: 3pm) |
| Final settlement day | First Business Day after last trading day |
| Initial Margin | $22995 |
| Spread Margin | $6902 |
| MSCI AC Asia ex Japan Net Total Return Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 Index point |
| Contract value | US$100 per index pt |
| Contract months | The nearest five calendar quarter months (i.e. quarterly months are March, June, September and December) |
| Settled in | Cash (U.S. dollar) |
| Trading hours | 8:30 a.m.–4:30 p.m. (day trading session) |
| Pre-Market Opening Period | N/A |
| Last trading day | The third Friday of the Contract Month and if it is not a Business Day, the Last Trading Day shall be the preceding Business Day |
| Final settlement day | The second Business Day after the third Friday of the Contract Mon |
| Initial Margin | US$3404 |
| Spread Margin | US$409 |
| MSCI Taiwan (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.1 Index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 8:45am-1:45pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Second last Hong Kong business day of the month. If it falls on a Taiwan public holiday, the LTD will be the preceding Hong Kong and Taiwan business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$4322 |
| Spread Margin | US$1383 |
| MSCI Taiwan Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 Index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$5133 |
| Spread Margin | US$1181 |
| MSCI Japan Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$4029 |
| Spread Margin | US$847 |
| MSCI India Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$6836 |
| Spread Margin | US$615 |
| MSCI China Free Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 50 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3830 |
| Spread Margin | US$1111 |
| MSCI Indonesia Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$1202 |
| Spread Margin | US$156 |
| MSCI Australia Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$2739 |
| Spread Margin | US$136 |
| MSCI Thailand Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$807 |
| Spread Margin | US$97 |
| MSCI Malaysia Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$1529 |
| Spread Margin | US$214 |
| MSCI EM Asia Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3697 |
| Spread Margin | US$406 |
| MSCI Singapore Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 5 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$2952 |
| Spread Margin | US$236 |
| MSCI Vietnam Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 50 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$2832 |
| Spread Margin | US$255 |
| MSCI Hong Kong Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.1 index point |
| Contract value | USD 1 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3830 |
| Spread Margin | US$460 |
| MSCI Philippines Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 50 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$1502 |
| Spread Margin | US$106 |
| MSCI Indonesia (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 5 index point |
| Contract value | USD 2 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$924 |
| Spread Margin | US$83 |
| MSCI Emerging Markets Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3005 |
| Spread Margin | US$872 |
| MSCI Emerging Markets (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.1 index point |
| Contract value | USD 50 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3285 |
| Spread Margin | US$1117 |
| MSCI India (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.2 index point |
| Contract value | USD 50 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Last Thursday of the expiring contract month. If it falls on a Hong Kong or India public holiday, the LTD will be the preceding Hong Kong and India business day(4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$6290 |
| Spread Margin | US$944 |
| MSCI China Free (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 2 index point |
| Contract value | USD 5 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Second last Hong Kong business day of the month, provided it’s a common business day on which all component stocks of the index are open for trading. If not, it shall be the common business day immediately preceding the second last business day(4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3045 |
| Spread Margin | US$183 |
| MSCI Thailand (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.25 index point |
| Contract value | USD 20 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Second last Hong Kong business day of the month. If it falls on a Thailand public holiday, the LTD will be the preceding Hong Kong and Thailand business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$650 |
| Spread Margin | US$118 |
| MSCI Malaysia (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.25 index point |
| Contract value | USD 20 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Last Hong Kong business day of the month. If it falls on a Malaysia public holiday, the LTD will be the preceding Hong Kong and Malaysia business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$445 |
| Spread Margin | US$45 |
| MSCI Philippines (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 1 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Second last Hong Kong business day of the month. If it falls on a Philippines public holiday, the LTD will be the preceding Hong Kong and Philippines business day (3:45pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$710 |
| Spread Margin | US$43 |
| MSCI Vietnam (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.1 index point |
| Contract value | USD 20 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Second last Hong Kong business day of the month. If it falls on a Vietnam public holiday, the LTD will be the preceding Hong Kong and Vietnam business day (4:00pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$1582 |
| Spread Margin | US$143 |
| MSCI Singapore Free Net Total Return (USD) Index Futures2 | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 50 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$1004 |
| Spread Margin | US$121 |
| MSCI New Zealand Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$5745 |
| Spread Margin | US$1782 |
| MSCI EM ex China Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3458 |
| Spread Margin | US$172 |
| MSCI EM ex Korea Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3391 |
| Spread Margin | US$170 |
| MSCI EM Asia ex China Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 20 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$5466 |
| Spread Margin | US$273 |
| MSCI EM Asia ex Korea Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 20 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3458 |
| Spread Margin | US$172 |
| MSCI EM EMEA Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$1848 |
| Spread Margin | US$93 |
| MSCI EM LatAm Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.001 index point |
| Contract value | USD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3950 |
| Spread Margin | US$316 |
| MSCI Pacific Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3591 |
| Spread Margin | US$179 |
| MSCI Pacific ex Japan Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | US$3750 |
| Spread Margin | US$187 |
| MSCI Singapore Free (SGD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.05 index point |
| Contract value | SGD 100 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | Second last Hong Kong business day of the month. If it falls on a Singapore public holiday, the LTD will be the preceding Hong Kong and Singapore business day(4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | SGD$1327 |
| Spread Margin | SGD$1022 |
| MSCI Japan (JPY) Index Futures | |
|---|---|
| Minimum fluctuation | 0.2 index point |
| Contract value | JPY 2,500 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | The day before the second Friday of the contract month. If it falls on a Hong Kong or Japan public holiday, the LTD will be the preceding Hong Kong and Japan business day (2:25pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | JPY$156035 |
| Spread Margin | JPY$26533 |
| MSCI Japan Net Total Return (JPY) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | JPY 1,000 per index pt |
| Contract months | 2 nearest serial months and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 9:00am-4:30pm (T); |
| Pre-Market Opening Period | N/A |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | 1 Hong Kong business day after FSP is determined |
| Initial Margin | JPY$125232 |
| Spread Margin | JPY$15029 |
| MSCI Taiwan 25/50 (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.1 index point |
| Contract value | USD 50 per index pt |
| Contract months | Spot, next calendar month and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 8:45am-1:45pm (T); |
| Pre-Market Opening Period | 8:30 am – 8:45 am |
| Last trading day | Second last HK business day of the month. If it falls on a Taiwan public holiday, the LTD will be the preceding HK and Taiwan business day |
| Final settlement day | HK business Day after Final Settlement Price is determined |
| Initial Margin | US$4123 |
| Spread Margin | US$1782 |
| MSCI Taiwan 25/50 Net Total Return (USD) Index Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | USD 10 per index pt |
| Contract months | Spot, next calendar month and the following 4 quarterly months |
| Settled in | Cash |
| Trading hours | 8:45am-4:30pm (T); |
| Pre-Market Opening Period | 8:30 am – 8:45 am |
| Last trading day | 3rd Friday. If it falls on a Hong Kong public holiday, the LTD will be the preceding Hong Kong business day (4:30pm) |
| Final settlement day | HK business Day after Final Settlement Price is determined |
| Initial Margin | US$1689 |
| Spread Margin | US$405 |
| Hang Seng Index (Gross Total Return Index) Futures | |
|---|---|
| Minimum fluctuation | 0.1 index point |
| Contract value | HK$50 per index pt |
| Contract months | Short-dated Index Futures: Spot, next calendar month and next 2 quarter months; and Long-dated Index Futures: Next 2 December months |
| Settled in | Cash |
| Trading hours | T Session: 9:15 am–12:00 noon (morning trading session); and 1:00 pm–4:30 pm (afternoon trading session) |
| Pre-Market Opening Period | N/A |
| Last trading day | The second last business day of the calendar month |
| Final settlement day | The first Business Day after the Last Trading Day of the Contract Month |
| Initial Margin | $251409 |
| Spread Margin | $57828 |
| Hang Seng Index (Net Total Return Index) Futures | |
|---|---|
| Minimum fluctuation | 0.1 index point |
| Contract value | HK$50 per index pt |
| Contract months | Short-dated Index Futures: Spot, next calendar month and next 2 quarter months; and Long-dated Index Futures: Next 2 December months |
| Settled in | Cash |
| Trading hours | T Session: 9:15 am–12:00 noon (morning trading session); and 1:00 pm–4:30 pm (afternoon trading session) |
| Pre-Market Opening Period | N/A |
| Last trading day | The second last business day of the calendar month |
| Final settlement day | The first Business Day after the Last Trading Day of the Contract Month |
| Initial Margin | $245917 |
| Spread Margin | $56564 |
| Hang Seng China Enterprises Index (Gross Total Return Index) Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | HK$50 per index pt |
| Contract months | Short-dated Index Futures: Spot, next calendar month and next 2 quarter months; and Long-dated Index Futures: Next 2 December months |
| Settled in | Cash |
| Trading hours | T Session: 9:15 am–12:00 noon (morning trading session); and 1:00 pm–4:30 pm (afternoon trading session) |
| Pre-Market Opening Period | N/A |
| Last trading day | The second last business day of the calendar month |
| Final settlement day | The first Business Day after the Last Trading Day of the Contract Month |
| Initial Margin | $65010 |
| Spread Margin | $25363 |
| Hang Seng China Enterprises Index (Net Total Return Index) Futures | |
|---|---|
| Minimum fluctuation | 0.01 index point |
| Contract value | HK$50 per index pt |
| Contract months | Short-dated Index Futures: Spot, next calendar month and next 2 quarter months; and Long-dated Index Futures: Next 2 December months |
| Settled in | Cash |
| Trading hours | T Session: 9:15 am–12:00 noon (morning trading session); and 1:00 pm–4:30 pm (afternoon trading session) |
| Pre-Market Opening Period | N/A |
| Last trading day | The second last business day of the calendar month |
| Final settlement day | The first Business Day after the Last Trading Day of the Contract Month |
| Initial Margin | $62044 |
| Spread Margin | $24206 |
Last update for the above margin requirement: 2022-02-10 .
Please contact account manager for the latest margin requirement.
* If it is a Hong Kong public holiday or there is half-day trading in the HKEx securities market or it is a bank holiday in both the UK and United States, there would be no After-Hours Futures Trading Session on that day.
| Product | Denominated in | Minimum fluctuation | Contract value | Contract months | Settled in | Trading hours | Pre-Market Opening Period | Last trading day | Final settlement day |
|---|---|---|---|---|---|---|---|---|---|
| Hong Kong Stock Futures | HKD | HK$0.01 | contract price x the broad lot size of underlying shares | spot month, the next 2 calendar months, and the next 2 calendar quarter months | Cash | 9:30am - 12:00 noon 1:00pm - 4:00pm | N/A | the second last business day of the month | the first business day after the last trading day |
| Hong Kong Stock Futures | |
| Denominated in | HKD |
| Minimum fluctuation | HK$0.01 |
| Contract value | contract price x the broad lot size of underlying shares |
| Contract months | spot month, the next 2 calendar months, and the next 2 calendar quarter months |
| Settled in | Cash |
| Trading hours | 9:30am - 12:00 noon 1:00pm - 4:00pm |
| Pre-Market Opening Period | N/A |
| Last trading day | the second last business day of the month |
| Final settlement day | the first business day after the last trading day |
Hong Kong Stock Futures
( a ) Stock Futures with Contract Size Equal to One Underlying Board Lot Shares
| SEHK Code | Company Name | Symbol | Exchange | Contract Multiplier (shares) | Number of Board Lots | Currency | Initial Margin | Spread Margin |
|---|---|---|---|---|---|---|---|---|
| 1 | Cheung Kong (Holdings) Limited Futures | CKH | HKFE | 500 | 1 | HKD | 1888 | 566 |
| 2 | CLP Holdings Limited Futures | CLP | HKFE | 500 | 1 | HKD | 2606 | 782 |
| 3 | Hong Kong And China Gas Company Limited Futures (HKG-Multiplier=1,000) | HKG | HKFE | 1000 | 1 | HKD | 809 | 243 |
| 4 | The Wharf (Holdings) Ltd. Futures | WHL | HKFE | 1000 | 1 | HKD | 2167 | 650 |
| 5 | HSBC Holdings Plc Futures | HKB | HKFE | 400 | 1 | HKD | 1755 | 526 |
| 6 | Power Assets Holdings Limited Futures | HEH | HKFE | 500 | 1 | HKD | 1622 | 486 |
| 11 | Hang Seng Bank Limited Futures | HSB | HKFE | 100 | 1 | HKD | 1037 | 311 |
| 12 | Henderson Land Development Company Limited Futures | HLD | HKFE | 1000 | 1 | HKD | 2340 | 702 |
| 17 | New World Development Co. Ltd. Futures | NWD | HKFE | 1000 | 1 | HKD | 2154 | 646 |
| 19 | Swire Pacific Ltd. A Futures | SWA | HKFE | 500 | 1 | HKD | 1556 | 466 |
| 23 | The Bank of East Asia Limited Futures | BEA | HKFE | 200 | 1 | HKD | 167 | 50 |
| 27 | Galaxy Entertainment Group Ltd. | GLX | HKFE | 1000 | 1 | HKD | 5054 | 1516 |
| 66 | Mtr Corporation Limited Futures | MTR | HKFE | 500 | 1 | HKD | 1396 | 418 |
| 267 | Citic Pacific Limited Futures | CIT | HKFE | 1000 | 1 | HKD | 589 | 176 |
| 268 | Kingdee International Software Group Co., Ltd. | KDS | HKFE | 2000 | 1 | HKD | 6091 | 1835 |
| 293 | Cathay Pacific Airways Limited Futures | CPA | HKFE | 1000 | 1 | HKD | 568 | 710 |
| 386 | China Petroleum & Chemical Corporation Futures | CPC | HKFE | 2000 | 1 | HKD | 549 | 164 |
| 388 | Hong Kong Exchanges And Clearing Limited Futures | HEX | HKFE | 100 | 1 | HKD | 3192 | 957 |
| 688 | China Overseas Land & investment Ltd. | COL | HKFE | 2000 | 1 | HKD | 4761 | 1436 |
| 700 | Tencent Holdings Ltd. | TCH | HKFE | 100 | 1 | HKD | 4788 | 1436 |
| 728 | China Telecom Corporation Ltd. Futures | CTC | HKFE | 2000 | 1 | HKD | 434 | 131 |
| 762 | China Unicom (Hong Kong)Limited Futures | CHU | HKFE | 2000 | 1 | HKD | 549 | 164 |
| 857 | Petrochina Company Limited Futures | PEC | HKFE | 2000 | 1 | HKD | 625 | 187 |
| 883 | CNOOC Limited Futures | CNC | HKFE | 1000 | 1 | HKD | 766 | 230 |
| 902 | Huaneng Power International, Inc. Futures | HNP | HKFE | 2000 | 1 | HKD | 1729 | 518 |
| 914 | Anhui Conch Cement Co. Ltd. | ACC | HKFE | 500 | 1 | HKD | 1755 | 526 |
| 939 | China Construction Bank Corporation Futures | CCB | HKFE | 1000 | 1 | HKD | 391 | 118 |
| 941 | China Mobile Limited Futures | CHT | HKFE | 500 | 1 | HKD | 1755 | 526 |
| 968 | Xinyi Solar Holdings Ltd. Stock Futures | SHL | HKFE | 2000 | 1 | HKD | 3125 | 937 |
| 1088 | China Shenhua Energy Co. Ltd. | CSE | HKFE | 500 | 1 | HKD | 1218 | 365 |
| 1171 | Yanzhou Coal Mining Co Ltd | YZC | HKFE | 2000 | 1 | HKD | 6091 | 1835 |
| 1211 | BYD Company Limited | BYD | HKFE | 500 | 1 | HKD | 16944 | 5093 |
| 1398 | Industrial And Commercial Bank of China Ltd Futures | ICB | HKFE | 1000 | 1 | HKD | 303 | 91 |
| 1772 | Ganfeng Lithium Co., Ltd. Stock Futures | GLI | HKFE | 200 | 1 | HKD | 4468 | 1343 |
| 1800 | China Communications Construction Co. Limited Futures | CCC | HKFE | 1000 | 1 | HKD | 441 | 133 |
| 1898 | China Coal Energy Co. Ltd. | CCE | HKFE | 1000 | 1 | HKD | 683 | 206 |
| 1928 | Sands China Ltd. | SAN | HKFE | 400 | 1 | HKD | 1502 | 450 |
| 2269 | WuXi Biologics (Cayman) Inc. Stock Futures | WXB | HKFE | 500 | 1 | HKD | 8844 | 2660 |
| 2318 | Ping An Insurance (Group) Co of China Ltd Futures | PAI | HKFE | 500 | 1 | HKD | 3351 | 1005 |
| 2328 | Picc Property And Casualty Co. Limited Futures | PIC | HKFE | 2000 | 1 | HKD | 957 | 287 |
| 2331 | Li Ning Company Limited Stock Futures | LNI | HKFE | 500 | 1 | HKD | 5665 | 1702 |
| 2382 | Sunny Optical Technology (Group) Co. Ltd. | SNO | HKFE | 1000 | 1 | HKD | 26719 | 8019 |
| 2388 | BOC Hong Kong (Holdings) Ltd. Futures | BOC | HKFE | 500 | 1 | HKD | 996 | 299 |
| 2600 | Aluminium Corporation of China Ltd. Futures | ALC | HKFE | 2000 | 1 | HKD | 1315 | 395 |
| 2628 | China Life Insurance Co. Ltd. Futures | CLI | HKFE | 1000 | 1 | HKD | 933 | 280 |
| 2899 | Zijin Mining Group Co., Ltd. | ZJM | HKFE | 2000 | 1 | HKD | 2234 | 670 |
| 3328 | Bank of Communications Co. Ltd. Futures | BCM | HKFE | 1000 | 1 | HKD | 348 | 105 |
| 3888 | Kingsoft Corporation Ltd. | KSO | HKFE | 1000 | 1 | HKD | 4229 | 1268 |
| 3968 | China Merchants Bank Futures | CMB | HKFE | 500 | 1 | HKD | 2699 | 809 |
| 3988 | Bank of China Ltd. Futures | BCL | HKFE | 1000 | 1 | HKD | 202 | 61 |
| 6862 | Haidilao International Holding Limited | HDO | HKFE | 1000 | 1 | HKD | 2806 | 841 |
( b ) Stock Futures with Contract Size More Than One Underlying Board Lot Shares
| SEHK Code | Company Name | Symbol | Exchange | Contract Multiplier (shares) | Number of Board Lots | Currency | Initial Margin | Spread Margin |
|---|---|---|---|---|---|---|---|---|
| 16 | Sun Hung Kai Properties Limited Futures | SHK | HKFE | 1000 | 2 | HKD | 6450 | 1941 |
| 175 | Geely Automobile Holdings Ltd. | GAH | HKFE | 5000 | 5 | HKD | 12967 | 3896 |
| 241 | Alibaba Health Information Technology Ltd. | ALH | HKFE | 2000 | 2 | HKD | 2819 | 845 |
| 285 | BYD Electronic International Company Limited | BYE | HKFE | 1000 | 2 | HKD | 4482 | 1356 |
| 656 | Fosun International Ltd. | FOS | HKFE | 10000 | 20 | HKD | 5202 | 6503 |
| 788 | China Tower Corporation Limited | TWR | HKFE | 10000 | 5 | HKD | 631 | 190 |
| 823 | Link Real Estate Investment Trust | LNK | HKFE | 1000 | 2 | HKD | 4561 | 1369 |
| 868 | Xinyi Glass Holdings Limited Stock Futures | GHL | HKFE | 2000 | 2 | HKD | 5386 | 1622 |
| 981 | Semiconductor Manufacturing Int’l Corp. | SMC | HKFE | 2500 | 5 | HKD | 7128 | 2141 |
| 998 | China CITIC Bank Corporation Ltd. | CTB | HKFE | 50000 | 50 | HKD | 5000 | 1502 |
| 1024 | Kuaishou Technology Stock Futures | KST | HKFE | 500 | 5 | HKD | 7394 | 2221 |
| 1055 | China Southern Airlines Co. Ltd. | SOA | HKFE | 10000 | 5 | HKD | 4202 | 5253 |
| 1288 | Agricultural Bank of China Ltd. | ABC | HKFE | 10000 | 10 | HKD | 1981 | 594 |
| 1299 | AIA Group Limited | AIA | HKFE | 1000 | 5 | HKD | 6916 | 2074 |
| 1336 | New China Life Insurance Co. Ltd. | NCL | HKFE | 1000 | 10 | HKD | 1556 | 466 |
| 1359 | China Cinda Asset Management Co., Ltd. | CDA | HKFE | 5000 | 5 | HKD | 837 | 251 |
| 1766 | CRRC Corporation Ltd. | CRR | HKFE | 10000 | 10 | HKD | 2223 | 2779 |
| 1810 | XiaoMi Corporation | MIU | HKFE | 1000 | 5 | HKD | 1782 | 534 |
| 1816 | CGN Power Co., Ltd. | CGN | HKFE | 10000 | 10 | HKD | 2008 | 602 |
| 1833 | Ping An Healthcare and Technology Ltd. | PHT | HKFE | 500 | 5 | HKD | 2407 | 722 |
| 1876 | Budweiser Brewing Company | BUD | HKFE | 1000 | 10 | HKD | 1928 | 578 |
| 1918 | Sunac China Holdings Ltd. | SUN | HKFE | 2000 | 2 | HKD | 8379 | 2513 |
| 1919 | COSCO Shipping Holdings Co., Ltd. Stock Futures | COS | HKFE | 2500 | 5 | HKD | 4708 | 1423 |
| 1988 | China Minsheng Banking Corp., Ltd. | MSB | HKFE | 10000 | 20 | HKD | 2167 | 650 |
| 2007 | Country Garden Holdings Co. Ltd | COG | HKFE | 5000 | 5 | HKD | 5586 | 1675 |
| 2015 | Li Auto Inc. | LAU | HKFE | 200 | 2 | HKD | 4176 | 1252 |
| 2018 | AAC Technologies Holdings Inc. | AAC | HKFE | 1000 | 2 | HKD | 4907 | 1476 |
| 2238 | Guangzhou Automobile Group Co., Ltd. | GAC | HKFE | 4000 | 2 | HKD | 3418 | 1025 |
| 2333 | Great Wall Motor Co. Ltd. | GWM | HKFE | 10000 | 20 | HKD | 43544 | 13073 |
| 2601 | China Pacific Insurance group Co., Ltd. | CPI | HKFE | 1000 | 5 | HKD | 2088 | 626 |
| 2800 | Tracker Fund of Hong Kong | TRF | HKFE | 50000 | 100 | HKD | 82526 | 24764 |
| 2822 | CSOP FTSE China A50 ETF Futures (Contract Multiplier: 5000 shares) | CSA | HKFE | 5000 | 25 | HKD | 5838 | 1755 |
| 2823 | iShares FTSE A50 China Index ETF Futures (Contract Multiplier: 5000 shares) | A50 | HKFE | 5000 | 50 | HKD | 5998 | 1808 |
| 2828 | Hang Seng China Enterprises Index ETF | HCF | HKFE | 5000 | 25 | HKD | 29153 | 8751 |
| 2883 | China Oilfileld Services Ltd. | CHO | HKFE | 10000 | 5 | HKD | 4734 | 5918 |
| 3188 | China AMC CSI 300 index ETF Futures (Contract Multiplier: 2000 shares) | AMC | HKFE | 2000 | 10 | HKD | 7953 | 2394 |
| 3333 | Evergrande Real Estate Group Ltd. | EVG | HKFE | 2000 | 2 | HKD | 885 | 266 |
| 3690 | Meituan Dianping | MET | HKFE | 500 | 5 | HKD | 19883 | 5971 |
| 3993 | China Molybdenum Co., Ltd. Stock Futures | MOL | HKFE | 9000 | 3 | HKD | 4335 | 1300 |
| 6030 | CITIC Securities Co. Ltd. | CTS | HKFE | 1000 | 2 | HKD | 1862 | 558 |
| 6060 | ZhongAn Online P & C Insurance Company Limited | ZAO | HKFE | 1000 | 10 | HKD | 3843 | 1153 |
| 6618 | JD Health International Inc. Stock Futures | JDH | HKFE | 500 | 10 | HKD | 5240 | 1582 |
| 6837 | Haitong Securities Co. Ltd. | HAI | HKFE | 10000 | 25 | HKD | 4774 | 1436 |
| 6886 | Huitai Securities Co., Ltd. | HTS | HKFE | 10000 | 50 | HKD | 9980 | 12475 |
| 9618 | JD.com. Inc. Stock Futures | JDC | HKFE | 500 | 10 | HKD | 23873 | 7168 |
| 9626 | Bilibili Inc. Stock Futures | BLI | HKFE | 60 | 3 | HKD | 5373 | 1622 |
| 9633 | Nongfu Spring Company Limited | NFU | HKFE | 1000 | 5 | HKD | 5492 | 1649 |
| 9868 | XPeng Inc. Stock Futures | PEN | HKFE | 200 | 2 | HKD | 6902 | 2074 |
| 9888 | Baidu, Inc. Stock Futures | BIU | HKFE | 150 | 3 | HKD | 3245 | 973 |
| 9898 | Weibo Corporation | WEB | HKFE | 100 | 5 | HKD | 8246 | 2473 |
| 9961 | Trip.com Group Limited | TRP | HKFE | 150 | 3 | HKD | 4907 | 1476 |
| 9988 | Alibaba Group Holding Limited | ALB | HKFE | 500 | 5 | HKD | 10560 | 3178 |
| 9999 | NetEase, Inc. Stock Futures | NTE | HKFE | 500 | 5 | HKD | 11358 | 3418 |
Last update for the above margin requirement: 2022-02-10 .
Please contact account manager for the latest margin requirement.
Remarks
- The most updated Margin Levels for Futures Contracts:
- For error trade handling procedures, please visit Exchange's website for information (). As claims can only be processed within specificed time period, if you confirm to process claims, please contact your account executive or our customer services hotline as soon as possible.
| Product | Denominated in | Minimum fluctuation | Contract value | Contract months | Settled in | Trading hours | Pre-Market Opening Period | Last trading day | Final settlement day | Initial Margin |
|---|---|---|---|---|---|---|---|---|---|---|
| One-month Hibor Futures | 1:30pm - 5:00pm | (the trading hours are 8:30am - 11:00am) | ||||||||
| Three-month Hibor Futures |
Last update for the above margin requirement: 2022-02-10 .
Please contact account manager for the latest margin requirement.
Points to note for USD/CNH Futures Trading
| Product | Minimum fluctuation | Contract value | Contract months | Settled in | Trading hours | Last trading day | Final settlement day | Initial Margin | Spread Margin |
|---|---|---|---|---|---|---|---|---|---|
| USD/CNH Futures | RMB0.0001 (4 decimal places) | USD100,000 | Spot month, the next three calendar months and the next four calendar quarter months | Currency physical delivery Delivery of US dollars by the Seller and payment of the Final Settlement Value in RMB by the Buyer | 8:30 am - 4:30 pm 5:15 p.m. – 1:00 a.m.*(After-Hours Futures Trading) * Next day (Expiring contract month closes at 11:00 am on the Last Trading Day) | Two Hong Kong Business Days prior to the Final Settlement Day | The third Wednesday of the Contract Month | RMB 10985 | RMB 3737 |
| Mini USD/CNH Futures | RMB0.0001 (4 decimal places) | USD20,000 | Spot month, the next three calendar months and the next six calendar quarter months | Cash settled in RMB | 8:30 am - 4:30 pm 5:15 p.m. – 3:00 a.m.*(After-Hours Futures Trading) * Next day (Expiring contract month closes at 11:00 am on the Last Trading Day) | Two Hong Kong Business Days prior to the third (3rd) Wednesday of the Contract Month | The first Hong Kong Business Day after the Last Trading Day | RMB 2194 | RMB 680 |
| EUR/CNH Futures | RMB 0.0001 (4 decimal places) | EUR 50,000 | Spot month, the next calendar month and the next two calendar quarter months | Cash settled in RMB | 8:30 am - 4:30 pm 5:15 p.m. – 1:00 a.m.*(After-Hours Futures Trading) * Next day (Expiring contract month closes at 11:00 am on the Last Trading Day) | Two business days prior to the 3rd Wednesday of the contract month | The first business day after the last trading day | RMB 6703 | RMB 1274 |
| JPY/CNH Futures | RMB0.0001 (Tick value: RMB6) | JPY6,000,000 | Spot month, next calendar month,next 2 calendar quarter months | Cash settled in RMB | 8:30 am - 4:30 pm 5:15 p.m. – 1:00 a.m.*(After-Hours Futures Trading) * Next day (Expiring contract month closes at 11:00 am on the Last Trading Day) | Two business days prior to the 3rd Wednesday of the contract month | The first business day after the last trading day | RMB 12475 | RMB 3245 |
| AUD/CNH Futures | RMB0.0001 (Tick value: RMB8) | AUD80,000 | Spot month, next calendar month,next 2 calendar quarter months | Cash settled in RMB | 9:00 am - 4:30 pm 5:15pm - 11:45pm (After-Hours Futures Trading) (Expiring contract month closes at 11:00 am on the Last Trading Day) | N/A Two business days prior to the 3rd Wednesday of the contract month | The first business day after the last trading day | RMB 11344 | RMB 2167 |
| CNH/USD Futures | USD 0.0001 (4 decimal places) | RMB300,000 | Spot month, the next three calendar months and the next four calendar quarter months | Cash settled in USD | 9:00 am - 4:30 pm 5:15pm - 11:45pm (After-Hours Futures Trading) (Expiring contract month closes at 11:00 am on the Last Trading Day) | N/A Two Business Days prior to the third (3rd) Wednesday of the Contract Month | The first Business Day after the Last Trading Day | USD 816 | USD 295 |
| INR/USD Futures | 0.01 USD cents (2 decimal places) | INR 2,000,000 | Spot month, the next calendar month and the next?two calendar quarter months | Cash settled in USD | 8:30 am - 4:30 pm (Day Session) 5:15 pm - 3:00 am (AHT Session) (Expiring contract month closes at 3 pm on the Last Trading Day) | Two Mumbai Business Days prior to the Last Mumbai Business Day of the Contract Month. If it is not a Hong Kong Business Day, the Last Trading Day shall be the immediately preceding Mumbai Business Day that is also a Hong Kong Business Day | The first Hong Kong Business Day after the Last Trading Day | USD 534 | USD 176 |
| INR/CNH Futures | 0.01 RMB cents (2 decimal places) | INR 2,000,000 | Spot month, the next calendar month and the next?two calendar quarter months | Cash settled in RMB | 8:30 am - 4:30 pm (Day Session) 5:15 pm - 3:00 am (AHT Session) (Expiring contract month closes at 3 pm on the Last Trading Day) | Two Hong Kong Business Days prior to the third (3rd) Wednesday of the Contract Month | The first Hong Kong Business Day after the Last Trading Day | RMB 2939 | RMB 970 |
Points to note for USD/CNH Futures Trading
| PRODUCT | CONTRACT SIZE | TICK VALUE | STRIKE PRICES | OFFICIAL SETTLEMENT PRICE | SETTLEMENT ON EXERCISE | EXERCISE STYLE | CONTRACT MONTHS | FINAL SETTLEMENT DAY | EXPIRY DAY | TRADING HOURS (HONG KONG TIME) | INITIAL MARGIN |
|---|---|---|---|---|---|---|---|---|---|---|---|
| USD/CNH Options | USD 100,000 | RMB 10 | Strike intervals will be set at 0.05 | European style | Spot month, the next three calendar months and the next four calendar quarter months | The Third Wednesday of the Contract Month | Two Hong Kong Business Days prior to the Final Settlement Day | 9:00 a.m. to 4:30 p.m. (Trading hours on the Expiry Day are from 9:00 a.m. to 11:00 a.m.) | Calculated by the SPAN method |
-USD/CNH Options
Last update for the above margin requirement: 2022-02-10 .
Please contact account manager for the latest margin requirement.
| Product | Denominated in | Minimum fluctuation | Contract value | Contract months | Settled in | Trading hour | Pre-Market Opening Period | Last trading day | Trading Hours on Last Trading Day (Hong Kong Time) | Final settlement day | Initial Margin | Spread Margin |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| London Aluminium Mini Futures | 5:15 pm to 1:00 am the next morning (after-hours trading session) | 5:00 p.m. to 8:00 p.m. (after-hours trading session during British Summer Time) 5:00 p.m. to 9:00 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| London Copper Mini Futures | 5:15 pm to 1:00 am the next morning (after-hours trading session) | 5:00 p.m. to 7:35 p.m. (after-hours trading session during British Summer Time) 5:00 p.m. to 8:35 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| London Nickel Mini Futures | 5:15 pm to 1:00 am the next morning (after-hours trading session) | 5:00 p.m. to 8:05 p.m. (after-hours trading session during British Summer Time) 5:00 p.m. to 9:05 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| London Lead Mini Futures | 5:15 pm to 1:00 am the next morning (after-hours trading session) | 5:00 p.m. to 7:50 p.m. (after-hours trading session during British Summer Time) 5:00 p.m. to 8:50 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| London Tin Mini Futures | 5:15 pm to 1:00 am the next morning (after-hours trading session) | 5:00 p.m. to 7:45 p.m. (after-hours trading session during British Summer Time) 5:00 p.m. to 8:45 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| London Zinc | 5:15 pm to 1:00 am the next morning (after-hours trading session) | 5:00 p.m. to 7:55 p.m. (after-hours trading session during British Summer Time) 5:00 p.m. to 8:55 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD London Aluminium Mini Futures | 5:15pm to 3:00am the next morning (after-hours trading session) | 5:15 p.m. to 8:00 p.m. (after-hours trading session during British Summer Time) 5:15 p.m. to 9:00 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD London Zinc Mini Futures | 5:15pm to 3:00am the next morning (after-hours trading session) | 5:15 p.m. to 7:55 p.m. (after-hours trading session during British Summer Time) 5:15 p.m. to 8:55 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD London Copper Mini Futures | 5:15pm to 3:00am the next morning (after-hours trading session) | 5:15 p.m. to 7:35 p.m. (after-hours trading session during British Summer Time) 5:15 p.m. to 8:35 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD London Lead Mini Futures | 5:15pm to 3:00am the next morning (after-hours trading session) | 5:15 p.m. to 7:50 p.m. (after-hours trading session during British Summer Time) 5:15 p.m. to 8:50 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD London Nickel Mini Futures | 5:15pm to 3:00am the next morning (after-hours trading session) | 5:15 p.m. to 8:05 p.m. (after-hours trading session during British Summer Time) 5:15 p.m. to 9:05 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD London Tin Mini Futures | 5:15pm to 3:00am the next morning (after-hours trading session) | 5:15 p.m. to 7:45 p.m. (after-hours trading session during British Summer Time) 5:15 p.m. to 8:45 p.m. (after-hours trading session outside British Summer Time) | ||||||||||
| USD Gold Futures | 5:15 p.m. to 1:00 a.m. the next morning (after-hours trading session) | Postponed to the next business day if it is a Hong Kong public holiday | ||||||||||
| CNH Gold Futures | 5:15 p.m. to 1:00 a.m. the next morning (after-hours trading session) | Postponed to the next business day if it is a Hong Kong public holiday | USD Silver Futures | |||||||||
| CNH Silver Futures | ||||||||||||
| TSI Iron Ore Fines 62% Fe CFR China Futures(Monthly Contracts) | 5:15 p.m. to 1:00 a.m. (after-hours trading session) | 5:15 p.m. – 6:30 p.m. (after-hours trading session) | ||||||||||
| TSI Iron Ore Fines 62% Fe CFR China Futures(Quarterly Contracts) |
For error trade handling procedures, please visit Exchange's website for information (). As claims can only be processed within specificed time period, if you confirm to process claims, please contact your account executive or our customer services hotline as soon as possible.
#There is no trading after 12:30 p.m. on the eves of Christmas, New Year and Lunar New Year. The trading hours on those three days shall be 9:00 a.m. – 12:30 p.m.
*There is no trading after 12:30 p.m. on the Last Trading Day that is the last Hong Kong Business Day before New Year’s Day or the Lunar New Year, and which is also the last day before New Year’s Day or the Lunar New Year on which the TSI Iron Ore Fines 62% Fe CFR China Index is published. The trading hours on those two days shall be 9:00 a.m. – 12: 30 p.m.
**The second Hong Kong Business Day after the Last Trading Day, provided that if (i) the Last Trading Day is on the last Hong Kong Business Day before New Year’s Day or the Lunar New Year, (ii) the Trading Hours of the Spot Month Contract and the Spot Quarter Contract end at 12:30 p.m., and (iii) the day trading session of other Contract Months ends at 4:30 p.m., the Final Settlement Day shall be the first Hong Kong Business Day after the Last Trading Day.
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