• Revise strike intervals for HSI, Mini-HSI, HSCEI and Mini-HSCEI options from 22 January 2018

• Aim to give investors more choices for trading

Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will revise the strike intervals for its four most actively traded stock index options contracts – Hang Seng Index (HSI) Options, Hang Seng China Enterprises Index (HSCEI) Options, Mini-HSI Options and Mini-HSCEI Options – from Monday, 22 January 2018 (details are shown in the table below).

The plan is based on comments from market participants and aims to provide more choices for trading.

Stock Index Option Strike Intervals

 

Current		From 22 January 2018
Index Points	Strike Interval	Index Points	Strike Interval
Short-dated Options:
≥ 8,000	200	≥ 20,000	200
≥ 2,000 and < 8,000	100	≥ 5,000 and < 20,000	100
< 2,000	50	< 5,000	50
Long-dated Options:
≥ 19,000	1,000	≥ 20,000	400
≥ 15,000 and < 19,000	800	≥ 5,000 and < 20,000	200
≥ 12,000 and < 15,000	600	< 5,000	100
≥ 8,000 and < 12,000	400
≥ 4,000 and < 8,000	200
< 4,000	100

Note: All existing options series will be available for trading until expiry.

Additional information is available in the circular issued on 16 November and the circular issued today.

Ends