Broader after-hours trading begins in Hong Kong

The Hong Kong Stock Exchange has expanded the product range available in after hours trading.

The Hong Kong Stock Exchange (HKEx) has expanded the product range available in after-hours trading.

After-hours trading will now be available for block trading, Mini Hang Seng index futures and Mini H-shares index futures.

The after-hours session at HKEx runs from 5 pm to 11 pm Hong Kong time.  The new products join an existing array that includes standard Hang Seng index futures and H-shares index futures.

Block trades are not exempt from the +/-5% price limit that applies in the after-hours trading session. Furthermore, block trades or block trade-related adjustments will be rejected if there is insufficient collateral in the participant’s account during after-hours trading, because no banking facilities are available at that time for margin calls. 

According to exchange statistics, Mini Hang Seng index futures accounted for about 16% of HKEx’s futures trading volume in the first ten months of 2013 and Mini H-shares index futures accounted for approximately 4%.

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