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Description

Cash-settled mini Hong Kong Dollar/US Dollar Futures

Market Specifications

Trading Screen Product Name

Mini HKD/USD

Trading Screen Hub Name

ICSG

Contract Symbol

SHD

Contract Size

HKD 100,000

Currency

USD

Trading Price Quotation

USD per Hong Kong Dollar (HKD/USD)

Minimum Price Fluctuation

USD 0.00001 per Hong Kong Dollar (USD 1 per contract)

Contract Series

Up to thirteen consecutive calendar months

Last Trading Day

Trading ceases at 11:15 AM Hong Kong time (11:15 AM Singapore time) on the last Hong Kong business day of the contract expiry month. In all cases, such other dates as the Exchange specifies on its website from time to time may apply instead.

Final Settlement

The final settlement price will be equal to the reciprocal of the USD/HKD Spot Rate (rounded to 5 decimal places) reported by Hong Kong’s Treasury Markets Association at approximately 11:30 AM Hong Kong time (11:30 AM Singapore time) on the Last Trading Day.

ICSG will record cash settlement as of the Business Day (as defined in the ICSG rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICSG’s Finance Procedures and its Rules which may affect the timing of such payment.

Off Exchange Trade Types

For information on Block Trades click here.

For information on Exchange for Related Positions click here.

NCR, RL and IPL Levels

For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.

Daily Settlement Window

Click here

Position Limit

Click here

Trading Hours

Click here.

Other Information

The USD/HKD Spot Rate published by the Treasury Markets Association of Hong Kong on its website is subject to the Terms and Conditions, Disclaimer and Copyright Notice regarding information set out on its website.

MIC Code

IFSG

Clearing Venues

ICSG

Related Products

• Mini US Dollar/Singapore Dollar Futures
• Mini US Dollar/Offshore Renminbi Futures

Trading Hours

Codes