Hong Kong Exchanges and Clearing Limited (HKEX) announced yesterday that new enhancements to position limits will take effect on 22 December 2023. The main amendments are as follows:
• A 5-tier position limit model will apply to Single Stock Options (SSO) and Single Stock Futures (SSF) contracts;
• The additional position limits that apply to Hang Seng Index and Hang Seng China Enterprise Index mini derivatives contracts will be removed; and
• Position limit for selected HKEX’s CNH contracts will be increased.
For more information, please see HKEX announcement at: https://lnkd.in/gWEBPK3e
The previous consultation in November 2022 can be found at: https://lnkd.in/gWEBPK3e; and the consultation conclusions in June 2023 at: https://lnkd.in/eZSk2b-E
