Hong Kong Futures Exchange Limited (HKFE) announced the regulatory approval for the introduction of Weekly Hang Seng TECH Index (Weekly HSTECH) Options, starting on 2 September 2024. These are standard, cash-settled options expiring every week, designed to help investors manage short-term risks and market events.
To aid Exchange Participants (EPs) and Clearing Participants (CPs) in preparing their operational systems, detailed information on Weekly HSTECH Options is provided. Key contract specifications are outlined in the circular dated 27 June 2024 and further details are available in Attachment I of the circular dated 24 July 2024.
Resources: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/HKFE/2024/EQD_08_24_e.pdf