HKFE Announces Revised Margins For Futures Contracts: New China Life Insurance Co. Ltd. Date
21/01/2021
Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Friday, 22 January 2021 (including the mandatory intra-day variation adjustment and margin call, if applicable), the margin levels of the following Futures Contract will be revised and can be found here.
New China Life Insurance Co. Ltd.
Please be reminded that minimum margin rates are for your firm’s financially strongest clients. Exchange Participants should set their margin requirements according to each client’s individual circumstances.
<p><span>Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Tuesday, 19 January 2021 (including the mandatory intra-day variation adjustment and margin call, if applicable), the margin levels of the following Futures Contract will be revised and can be found </span><a href="https://www.hkex.com.hk/Services/Clearing/Listed-Derivatives/Risk-Management/Margin/Margin-Tables/HKCC?sc lang=en" title="here">here</a><span>.</span></p>
<p><span>Please be advised that pursuant to Exchange Rule 617(d) and HKCC Rule 402, the Exchange and the Clearing House have determined that with effect from the commencement of trading on Wednesday, 20 January 2021 (including the mandatory intra-day variation adjustment and margin call, if applicable), the margin levels of the following Futures Contract will be revised and can be found </span><a title="here" href="https://www.hkex.com.hk/Services/Clearing/Listed-Derivatives/Risk-Management/Margin/Margin-Tables/HKCC?sc lang=en">here</a><span>.</span></p>
Date
31/12/2020
To continue developing a sustainable and green environment, the Exchange will implement the following under the paperless initiatives, effective from 1 January 2021:
Discontinue issuing or re-issuing any Exchange Participant Certificates (Certificates) to Exchange Participants (EPs). An EP will no longer be required to display the Certificate at its business address(es). Registration of an EP on the Register of Exchange Participants shall be proof of EP’s Exchange Participantship. EPs’ information and a full list of EPs are also available at HKEX’s website (under “Our Products/ Find a Partner/Search forParticipants and Trading Right Holders”). Market participants and the general public will continue to be able to refer to HKEX’ website to ascertain the identity and participantship of EPs; and
Date
28/12/2020
Hong Kong Exchanges and Clearing Limited (HKEX) plays a key role in supporting and enabling the resiliency and sustainable development of Hong Kong’s financial markets. Following trading suspension of the derivatives market on 5 September 2019 (the Incident), HKEX has today (Monday) published a Public Report of the Incident, which includes details on a range of enhancements to our processes, procedures and communications.
HKEX has completed its review of the Incident, and has taken into consideration feedback and recommendations from the Securities and Futures Commission (SFC) and an independent consultant, as well as feedback from market participants and key stakeholders. This valuable engagement has resulted in enhancement measures being put in place focusing in particular on incident prevention, detection and handling, mitigation of incident impact, and communication during incidents. The measures will provide greater support to Exchange Participants (EPs