Rules and Procedures of HKCC

	Rules
	Table of Contents
	Preface
	Chapter I - Interpretation
	Chapter II - HKCC Participantship
	Chapter III - Registration, Clearing, Risk
	Chapter IV - Clearing House Margin, Variation Adjustment, Cover for Margin and Accounts
	Chapter V - Limits and Defaults
	Chapter VI - Cash Settlement, Delivery and Exchange of Futures
	Chapter VII - The Reserve Fund and Loss Distribution Process
	Chapter VIII - Emergencies
	Chapter IX - DCASS
	Chapter X - CCMS
	Chapter XI - Clearing Service Termination Event
	Appendix A - Fees
	Appendix B - T+1 Session Cutoff Time
	Procedures
	Clearing House Procedures for Futures/Options Contracts Traded on the Automated Trading System of the Exchange ("HKATS")

	Table of Contents
	Chapter 1 - Registration Procedures
	Chapter 2 - Clearing and Settlement Procedures
	Chapter 2A - Settlement of Physical Delivery Contracts
	Chapter 3 - Clearing Documentation
	Chapter 4 - Reserve Fund Contribution
	Chapter 5 - Capital-Based Position Limits
	Chapter 6 - Typhoons, Extreme Conditions and Rainstorms
	Chapter 7 - Clearing Service Termination Event
	Chapter 8 - HKCC Failure to Pay Event and HKCC Insolvency Event
	Appendix I-IV - deleted
	Appendix V
	Appendix VI-VIII - deleted