Skip to main Content
Site Search

Advanced Search

  • Mondo Visione
  • Mondo Visione - Worldwide Exchange Intelligence
Member Login

Member Login

Forgotten your password?

HKEX: Mandatory Intra-day Variation Adjustment Call In Respect Of The Chung Yeung Festival

Date 12/10/2018

All markets operated by the Hong Kong Futures Exchange will be closed for business on 17 October 2018. In order to assure that safeguards are in place against potential market risks that may arise during the aforesaid period when some of the major markets are open, the Clearing House has decided to make a mandatory intra-day variation adjustment call on Clearing Participants in the Hang Seng Index, Mini-Hang Seng Index, HSCEI, Mini-HSCEI, HSI Dividend Point Index, HSCEI Dividend Point Index, USD/CNH Futures and CNH/USD Futures markets on Tuesday, 16 October 2018.    

The mandatory intra-day variation adjustment will be calculated based on open positions existing in the above-mentioned markets at around 3:00 p.m. on the above-mentioned date. You are required to ensure completion of payments within one hour after receiving notification of details of the variation adjustment requirements, if any.   

Please ensure that your staffs are fully aware of the mandatory intra-day variation adjustment call and make necessary arrangement with your designated bank. You are also strongly advised to give advance notice to your clients regarding this arrangement where appropriate.  

Despite the mandatory intra-day variation adjustment call mentioned above, the Clearing House may make additional intra-day variation adjustments on the above-mentioned date if market condition warrants.