HKEX will implement changes to derivatives market position limits on 22 December 2023
Hong Kong Exchanges and Clearing Limited (HKEX) announced yesterday that new enhancements to position limits will take effect on 22 December 2023. The main amendments are as follows:
• A 5-tier position limit model will apply to Single Stock Options (SSO) and Single Stock Futures (SSF) contracts;
• The additional position limits that apply to Hang Seng Index and Hang Seng China Enterprise Index mini derivatives contracts will be removed; and
• Position limit for selected HKEX’s CNH contracts will be increased.
For more information, please see HKEX announcement at: https://lnkd.in/gWEBPK3e
The previous consultation in November 2022 can be found at: https://lnkd.in/gWEBPK3e; and the consultation conclusions in June 2023 at: https://lnkd.in/eZSk2b-E