Lunar New Year Holidays – Futures Market & Stock Options Market Temporary Margin Requirement Arrangement
All markets operated by the Hong Kong Futures Exchange and the Traded Options Market will be closed for business from 30th January 2017 to 31st January 2017. In order to assure that safeguards are in place against potential market risks that may arise during the aforesaid period when some of the major markets are open, the Clearing House has decided to adopt a series of temporary margin requirement arrangements. Meanwhile, our Company will adopt the following measures accordingly:
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 be increased temporarily after the close of business of T session on 26th January 2017 (refer to Appendix I), and will be restored to the current levels after the close of business of T session on 27th January 2017. The spread margin rates will remain unchanged during this period.
Stock Options The margin intervals for stock options classes will be increased temporarily after the close of business on 26th January 2017 (refer to Appendix I). The margin intervals will be restored to normal after the close of business on 27th January 2017.
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 27th January 2017.
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
