2016 Christmas Holiday - temporary margin requirement arrangements of HK Futures Market and HK Stock Options Market
All markets operated by the Hong Kong Futures Exchange and the Traded Options Market will be closed for business from 26th December 2016 to 27th December 2016. Our Company will adopt the following arrangements for temporary margin requirement to ensure that safeguards are in place against potential market risks that may arise during the aforesaid period when some of the major markets are open:
Hang Seng Index (“HSI”), Mini-Hang Seng Index (“MHI”), H-Shares Index (“HHI”), Mini-H-Shares Index (“MCH”), HSCEI Dividend Point Index (“DHH”) , USD/CNH Futures (“CUS”) and CNH/USD Futures (“UCN”) futures contracts The margin levels of HSI, MHI, HHI, MCH, DHH, CUS and UCN futures contracts will remain unchanged.
Stock Options The margin intervals for stock options classes will be increased temporarily after the close of business on 22nd December 2016 (refer to HKEx circular). The margin intervals will be restored to normal after the close of business on 23rd December 2016. For details of the announcement made by The Stock Exchange Of Hong Kong Limited on 19 December 2016, please refer to the hyperlink below: https://www.hkex.com.hk/eng/market/partcir/seoch/2016/Documents/holiday%20margin%20for%20Christmas %20(SEOCH)_2016_Reminder.pdf
Notes: The margin requirement would vary with different portfolio especially for those paired options and deep out of money options. Increased margin intervals need to be fulfilled in the morning on 23rd December 2016.
Should you have any enquiries about the aforesaid, please feel free to call our Customer Service Hotline at (852) 3583 3388 (Hong Kong) or (86) 755 8266 3232 (Mainland).
For and on behalf of Haitong International Securities Company Limited Haitong International Futures Limited
