Thursday June 25 2015
News Source: Global Exchanges
Focus: Trading Rules
Type: General
Country: Hong Kong
Link: http://www.hkex.com.hk/eng/market/partcir/sehk/2015/Documents/48-15-OTP-CapitalAdjustments.pdf
The Securities and Futures Commission has approved amendments to the Operational Trading Procedures for Options Trading Exchange Participants of the Stock Exchange of Hong Kong Limited for the purposes of:
- including four corporate events (“Corporate Events”) into the Procedures such that capital adjustments in relation to the Corporate Events will no longer have to be decided on a case by case basis by SEHK in consultation with The SEHK Options Clearing House Limited and the Commission; and
- setting out adjustment methods in respect of each of the Corporate Events.
Click on the link above for further details.