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-====== Hong Kong Stock Exchange (HKEX) ======
-The primary stock exchange in Hong Kong.
-[[http://www.hkex.com.hk/index.htm | Homepage]]\\
-Currency: Hong Kong Dollar (HKD)
-===== Trading Hours & Calendar =====
-[[http://www.hkex.com.hk/eng/market/sec_tradinfo/tradcal/tradcal_1.htm | Trading Hours]]\\
-[[http://www.hkex.com.hk/eng/market/sec_tradinfo/tradcal/nont10.htm |  Holiday Calendar]]
-===== Trading Summary =====
-HKEx upgraded to the AMS/3.8 system for order matching and MDS/3.8 system for market data in December 2011. More detail on the trading infrastructure can be found [[http://www.hkex.com.hk/eng/market/sec_tradinfra/CMTradInfra.htm | here]].
-==== Lit Order-types ====
-  * Limit Buy/Sell/Short (DAY/On Open)
-  * Market Buy/Sell/Short (DAY/On Open)
-==== Basic Market Rules ====
-  * Lot Size is set at the security level, with all lot sizes listed [[http://www.hkex.com.hk/eng/market/sec_tradinfo/stockcode/eisdeqty.htm | here]].
-  * Tick Size varies with price as defined in the Second Schedule of the Rules of the Exchange found [[http://www.hkex.com.hk/eng/rulesreg/traderules/sehk/exrule.htm | here]].
-^ Price Range ^ Tick Size ^
-| From 0.01 to 0.25 | 0.001 |
-| Over 0.25 to 0.50 | 0.005 |
-| Over 0.50 to 10.00 | 0.010 |
-| Over 10.00 to 20.00 | 0.020 |
-| Over 20.00 to 100.00 | 0.050 |
-| Over 100.00 to 200.00 | 0.100 |
-| Over 200.00 to 500.00 | 0.200 |
-| Over 500.00 to 1,000.00 | 0.500 |
-| Over 1,000.00 to 2,000.00 | 1.000 |
-| Over 2,000.00 to 5,000.00 | 2.000 |
-| Over 5,000.00 to 9,995.00 | 5.000 |
-  * Short Sale Rules: Naked short selling is prohibited and short sell orders must be properly marked. More information can be found [[http://www.hkex.com.hk/eng/market/sec_tradinfo/regshortsell.htm | here]].
-  * Circuit Breakers: HKEx limits order entry to prices +/- 25 spreads from the nominal price; maximum order size if 3000 round lots. In addition details on mechanisms in place to monitor price movement can be found in their [[http://www.hkex.com.hk/eng/global/faq/suspension.htm | FAQ]] section regarding suspension of trading on a security.
-==== Auction Mechanisms ====
-=== Open ===
-HKEx has a pre-opening session, described in detail here which runs as follows:
-^ Period ^ Time ^
-| Order Input Period | From 09:00:00 to 09:15:00 |
-| Pre-Order Matching Period | From 09:15:00 to 09:20:00 |
-| Order Matching Period | From 09:20:00 to 09:28:00 |
-| Blocking Period | From 09:28:00 to 09:30:00 |
-=== Close ===
-There is no closing auction in Hong Kong, however the closing price calculation is described [[http://www.hkex.com.hk/eng/market/sec_tradinfo/Documents/closepricecal.pdf | here]].
-===== Additional Info =====
-===== See Also =====
-  * [[equity_markets|Equity Markets]]
-===== References =====