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Table of Contents
Hong Kong Futures
Overview
The Hong Kong Futures Exchange (HKFE), part of HKEX, is a derivatives market based in Hong Kong, offering a variety of financial and commodity derivatives.
Currency: Hong Kong Dollar (HKD)
Contracts
1. Hang Seng Index Futures
contract size / BP = Price * 50 HKD
2. Mini Hang Seng Index Futures
contract size / BP = Price * 10 HKD
3. H-shares Index Futures
contract size / BP = Price * 50 HKD
4. Mini H-shares Index Futures
contract size / BP = Price * 10 HKD
Trading Summary
Please familiarize yourself with the expiration dates of contracts and their universal month codes, which can be found on the Contract Month Codes page.
The symbology format for the available Hong Kong contracts is as follows:
XXX\MYYDD
Where:
- XXX = contract code, e.g., HSI
- M = month code, e.g., K
- YY = two-digit year code, e.g., 15
- DD = two-digit day of expiration, e.g., 28
For example, the Hang Seng Index Futures expiring on May 28, 2015, would be: HSI\K1528
Note: please be aware that on the last day of trading (expiry date), traders cannot hold a position on a symbol.
Order Types
- Limit Buy/Sell→ShortSell
- Market Buy/Sell→ShortSell
Basic Market Rules
- Lot Size: 1 contract.
- Tick Size: varies by contract.
- Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.
Additional Info
For more information, see the Overview page.