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Hang Seng TECH Index Options

Introduction

The Hang Seng TECH Index (“the Index”) was launched on 27 July 2020 and tracks the 30 largest technology companies listed in Hong Kong. According to back-testing data, it has increased by 36% in 2019 and 60% in the first 10 months of 2020.

The Hang Seng TECH Index Futures and Options are the first exchange-traded derivatives contracts to track the Index. They complement HKEX’s flagship Hang Seng Index and Hang Seng China Enterprises Index products, providing investors with a new tool to manage risks in their exposures to Hong Kong-listed technology companies.


Updated 15 Jan 2021


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Contract Summary

Item
Contract Terms
Underlying Index
Hang Seng TECH Index
HKATS Code
HTI
Contract Multiplier
HK$50 per index point
Minimum Fluctuation
One index point
Contract Months
Spot, next calendar month & following 2 quarterly months
Pre-Market Opening Period
Not Available
Trading Hours
9:15 am - 12:00 noon, 1:00 pm - 4:30 pm
(Expiring contract month closes at 4:00 pm on the Last Trading Day)
 Strike Price

Index Point                                                           Strike Interval
Below 5,000                                                              50
At or above 5,000                                                    100
At or above 20,000                                                  200

Last Trading Day
The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price
The average of quotations taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs
Exchange Fee                   HK$5.00
Commission Levy            HK$0.54
Commission Rate             Negotiable
 

Trading Fees and Commission

Trading Fee and Levies
Exchange Fee HK$5.00 per contract per side
Commission Levy HK$0.54 per contract per side
Investor Compensation Levy* HK$0.00 per contract per side
Total HK$5.54 per contract per side
Commission Negotiable
The amount indicated above is subject to change from time to time.

 

 

List of Market Makers or Liquidity Providers

For details of the Market Making/Liquidity Providing Obligations and Incentives of Equity Index Products, please refer our webpage below:

https://www.hkex.com.hk/Products/Listed-Derivatives/Market-Maker-Program/Market-Maker-Obligations-and-Incentives?sc_lang=en