hkex
This is an old revision of the document!
Table of Contents
Hong Kong Stock Exchange (HKEX)
The primary stock exchange in Hong Kong.
Homepage
Currency: Hong Kong Dollar (HKD)
Trading Hours & 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 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 here.
- Tick Size varies with price as defined in the Second Schedule of the Rules of the Exchange found 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 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 FAQ section regarding suspension of trading on a security.
Auction Mechanisms
Open
Close
Additional Info
See Also
References
hkex.1373916512.txt.gz · Last modified: 2017/03/14 12:34 (external edit)