Thursday August 27 2015

News Source: Global Exchanges

Focus: Trading Rules

Type: General




The Securities and Futures Commission has approved amendments to the Options Trading Rules enabling SEHK to enter into arrangements with overseas regulators where the board of SEHK considers that the arrangements are conducive to the object of the market and to prescribe relevant conditions for the use of such arrangements by Options Exchange Participants.

An example of the type of arrangement covered by the rule amendments is the extension of the class no action relief granted by the Securities and Exchange Commission of the United States (“US”) covering certain activities of SEHK Participants and other persons to familiarize US registered broker-dealers and large US financial institutions with SEHK’s options market and traded options.

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