Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

HSI, MHI, HHI, MCH, DHH and CUS Futures Markets

There will be mandatory intra-day variation adjustment calls in the Hang Seng Index (HSI), Mini-Hang Seng Index (MHI), H-shares Index (HHI), Mini H-shares Index (MCH), HSCEI Dividend Point Index (DHH) and RMB Currency (CUS) futures markets on Wednesday, 24 December 2014 based on open positions in the markets at around 12:00 noon on 24 December.

Stock Options Market

There will be special intra-day margin calls on Wednesday, 24 December 2014 in respect of all open positions in the stock options market at around 12:00 noon on 24 December.

The margin levels of HSI, MHI, HHI, MCH, DHH and CUS futures contracts and the margin intervals for all stock options classes will be increased temporarily after 4:15pm on 23 December 2014.  The margin levels and margin intervals will be restored to normal after 4:15pm on 24 December 2014.  Details of the temporary margin levels and margin intervals will be announced in due course.

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.

Ends