Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements:
HSI, MHI and HHI Futures Markets
There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI) and H-shares Index (HHI) futures markets on 3 April 2008 (Thursday) based on open positions in the markets at around 3:00 pm on 3 April.
Stock Options Market
There will be special intra-day margin calls on 3 April 2008 (Thursday) in respect of all open positions in the stock options market at around 3:00 pm on 3 April.
The above arrangements are based on the clearing houses' normal procedures.
Exchange Participants have been advised to give advanced notice to their clients regarding the arrangements where appropriate. -- www.hkex.com.hk
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