HKEX To Allow Derivatives Trading on Public Holidays
Hong Kong Exchanges and Clearing (HKEX), which regulates Hong Kong’s stock exchange, said in an office statement it would allow derivatives trading on public holidays, starting in May.
Subject to regulatory approval, the first day of trading would be May 9, which a public holiday – Buddha’s birthday.
Derivatives holiday trading would allow international investors to trade non-Hong Kong dollars products during Hong Kong holidays, when the markets of their underlying securities may be open.
HKEX will allow different derivatives products trading in phases. The first suite of products to be added to Derivatives Holiday Trading will be all MSCI futures and options contracts.