Home / Futures / Futures Products and Contract Details
  • Hang Seng
    Index Futures
  • Mini-Hang Seng
    Index Futures
  • H-shares
    Index Futures
  • Mini H-shares
    Index Futures
  • Dividend
    Futures
  • Hang Seng
    Index Options
  • Mini-Hang Seng
    Index Options
  • H-shares
    Index Options
Item Contract Terms
Underlying Index Hang Seng Index
HKATS Code HSI
Contract Multiplier HK$50 per index point
Minimum Fluctuation One index point
Contract Months Spot, next calendar month & next two calendar quarter months
Pre-Market Opening Period 08:45 am - 09:15 am & 01:00 pm - 01:30 pm
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs Exchange Fee HK$10.00
Commission Levy HK$0.60

(Source: Hong Kong Exchanges and Clearing Limited)
Item Contract Terms
Underlying Index Hang Seng Index
HKATS Code MHI
Contract Multiplier HK$10 per index point
Minimum Fluctuation One index point
Contract Months Spot, next calendar month & next two calendar quarter months
Pre-Market Opening Period 08:45 am - 09:15 am & 01:00 pm - 01:30 pm
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs Exchange Fee HK$3.50
Commission Levy HK$0.12

(Source: Hong Kong Exchanges and Clearing Limited)
Item Contract Terms
Underlying Index Hang Seng China Enterprises Index (HSCEI)
HKATS Code HHI
Contract Multiplier HK$50 per index point
Minimum Fluctuation One index point
Contract Months Spot month, next calendar month & next two calendar quarter months
Pre-Market Opening Period 08:45 am - 09:15 am & 01:00 pm - 01:30 pm
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs Exchange Fee HK$3.50
Commission Levy HK$0.60

(Source: Hong Kong Exchanges and Clearing Limited)
Item Contract Terms
Underlying Index Hang Seng China Enterprises Index (HSCEI)
HKATS Code MCH
Contract Multiplier HK$10 per index point
Minimum Fluctuation One index point
Contract Months Spot month, next calendar month & next two calendar quarter months
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Exchange Fee HK$2.00
Commission Levy HK$0.12

(Source: Hong Kong Exchanges and Clearing Limited)
Contract HSI Dividend Futures HSCEI Dividend Futures
Underlying Index HSI Dividend Point Index HSCEI Dividend Point Index
HKATS Code DHS DHH
Contract Multiplier HK$50 per Index point
Contract Months Five nearest December contract months
Minimum Fluctuation 0.01 Index point
Trading Hours 09:15 am - 12:00 noon & 01:30 pm -0 4:15 pm
Last Trading Day Two Business Days immediately preceding the last Business Day of the Contract Month
Final Settlement Day The second Business Day after the Last Trading Day
Final Settlement Price The quotation of the underlying dividend point index in two decimal places taken on the Business Day following the Last Trading Day
Exchange Fee HK$3.00 HK$1.50
Levies Commission Levy and Investor Compensation Levy are payable at the rate or of the amount prescribed from time to time pursuant to the Securities and Futures Ordinance.

(Source: Hong Kong Exchanges and Clearing Limited)
Item Contract Terms
Underlying Index Hang Seng Index
Contract Multiplier HK$50 per index point
Minimum Fluctuation One index point
Contract Months Short-dated Options: Spot, next two calendar months & next three calendar quarter months
Long-dated Options: the next five months of June & December
Exercise Style European Style
Option Premium Quoted in whole index points
Strike Prices Short-dated Options
Index points Intervals
Below 2,000 50
At or above 2,000 but below 8,000 100
At or above 8,000 200
Long-dated Options
Index points Intervals
Below 4,000 100
At or above 4,000 but below 8,000 200
At or above 8,000 but below 12,000 400
At or above 12,000 but below 15,000 600
At or above 15,000 but below 19,000 800
At or above 19,000 1,000
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs Exchange Fee HK$10.00
Commission Levy HK$0.60

(Source: Hong Kong Exchanges and Clearing Limited)
Item Contract Terms
Underlying Index Hang Seng Index
HKATS Code MHI
Contract Multiplier HK$10 per index point
Minimum Fluctuation One index point
Contract Months Spot, next calendar month, & next two calendar quarter months
Exercise Style European Style
Option Premium Quoted in whole index points
Strike Prices Index points Intervals
At or above 2,000 but below 8,000 100
At or above 8,000 200
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs Exchange Fee HK$2.00
Commission Levy HK$0.12

(Source: Hong Kong Exchanges and Clearing Limited)
Item Standard Options
Underlying Index Hang Seng China Enterprises Index
HKATS Code HHI
Contract Multiplier HK$50 per index point
Minimum Fluctuation One index point
Contract Months Short-dated Options: Spot, next two calendar months & next three calendar quarter months
Long-dated Options: the next three months of June & December Any calendar month not further out than the longest term of expiry months that are available for trading
Exercise Style European Style
Option Premium Quoted in whole index points
Strike Prices Short-dated Options
Index points Intervals
Below 2,000 50
At or above 2,000 but below 8,000 100
At or above 8,000 200
Long-dated Options
Index points Intervals
Below 4,000 100
At or above 4,000 but below 8,000 200
At or above 8,000 but below 12,000 400
At or above 12,000 but below 15,000 600
At or above 15,000 but below 19,000 800
At or above 19,000 1,000
Trading Hours 09:15 am - 12:00 noon & 01:30 pm - 04:15 pm
(Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price The average of quotations taken at
(i) 5 minutes intervals from 5 minutes after the start of, and up to 5 minutes before the end of, the Continuous Trading Session of SEHK; and
(ii) the close of trading on SEHK on the Last Trading Day.
Transaction Costs Exchange Fee HK$3.50
Commission Levy HK$0.60

(Source: Hong Kong Exchanges and Clearing Limited)