Tuesday August 9 2016
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Hong Kong
Link: https://www.hkex.com.hk/eng/market/partcir/sehk/2016/Documents/CT04216E.pdf
Further to the Stock Exchange of Hong (HKEX) circular on 2nd June 2016 (Ref. No.: CT/025/16), and following the successful completion of the two-week stabilisation period for the Closing Auction Session Phase 1 rollout, the Exchange has announced that the Volatility Control Mechanism (VCM) is scheduled to launch on 22nd August 2016.
Exchange Participants (EPs) have been reminded that VCM in the securities market will only cover all Hang Seng Index and Hang Seng China Enterprise Index constituent stocks (together the VCM securities). The list of VCM securities at launch is now available on the HKEX website at the VCM and CAS web corner for reference.
Click on the link above for further details.