Hong Kong Exchanges and Clearing (HKEX), which runs the Chinese territory’s stock exchange, said on Friday it would start derivatives trading on public holidays from May.
Subject to regulatory approval, the first day of trading would be May 9, which is celebrated in Hong Kong as Buddha’s birthday.
HKEX said it had received “strong market support” for the launch of futures and options trading and clearing services on Hong Kong public holidays.
Derivatives holiday trading would allow international investors to trade non-HK$ products during Hong Kong holidays, when the markets of their underlying securities may be open.
HKEX plans to add non-HK$ denominated futures and options in phases, with the first suite of products being all MSCI futures and options contracts.
- George Russell