Guotai Junan Futures (Hong Kong) Limited Hong Kong Futures - Contract Summary

Transcription

1 Product Underlying Index/Stocks Index Mini Index H-shares Index Mini H-shares Index Stock HSI Volatility Index CES China 120 Index USD/CNH Underlying Stocks HSI Volatility Index (VHSI) CES China 120 Index (CES120) USD/CNH HKATS HSI MHI HHI MCH List of Stock (Table1&2) VHS CHH CUS Contract Multiplier/Size HK$50 per index point HK$10 per index point HK$50 per index point HK$10 per index point Equal to or More than One Underlying Board Lot Share HK$5000 per Index point HK$50 per index point USD Minimum Fluctuation One index point HK$ Index point (i.e. HK$250) 0.5 index point RMB (4 decimal places) Pre-Market Opening Period on *After-hours Final Settlement Day Final Settlement Price Index(HSI) China Enterprises Index (HSCEI) Spot, next calendar month & next two calendar quarter months 8:45am - 9:15am & 12:30pm - 1:00pm 9:15 am - 12:00 noon, 1:00 pm - 4:15 pm & *After-hours Expiring contract month closes at 4:00 pm 5:00-11:45pm Guotai Junan (Hong Kong) Limited Hong Kong - Contract Summary The average of quotations taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the. The first business day after the Spot & next 2 calendar months Spot, next calendar month & next two calendar quarter months 9:30am - 12:00pm & 1:00pm - 4:00pm 9:30 am - 12:00 pm & 1:00 pm - 4:15 pm 9:15 am - 12:00 noon & 1:00 pm - 4:15 pm Expiring contract month Expiring contract month closes at 4:00 pm closes at 3:00 pm The average of readings of (i) the midpoints of the best bid and best ask prices for the underlying common share taken at fiveminute intervals from five minutes after the start of, and up to five minutes before the end of, the Continuous Trading Session of SEHK and (ii) the closing price of the underlying common share as quoted by SEHK on the Last Trading Day. 30 calendar days prior to the second last Business Day of next month Average of 30 quotations of the HSI Volatility Index taken at 1 minute intervals between 3:30 pm and up to 4:00 pm on the. The Business Day immediately preceding the last Business Day of the Contract Month The average of the values of the CES China 120 Index compiled, computered and disseminated by China Exchanges Services Company Limited, rounded up to the nearest 1 decimal place, taken at five (5) minute intervals from 1:00 pm up to 3:00 pm on the. Spot month, the next three calendar months and the next three calendar quarter months 9:00am - 4:15pm Expiring contract month closes at 11:00 am 5:00-11:45pm Two Hong Kong Business Days prior to the Final Settlement Day The 3rd Wednesday of Contract Month Spot USD/CNY (HK) fixing published at 11:15 am on the by Treasury Markets Association (TMA) of Hong Kong. Settlement Method Cash settled contract of difference (HK$) Delivery of US dollars by the Seller and payment of the Final Settlement Value in RMB by the Buyer Please visit Rules, Regulations and Procedures of the Exchange of Trading Rules under Rules and Regulations of the HKEx website for full contract specifications.

2 Guotai Junan (Hong Kong) Limited Hong Kong Sector - Contract Summary Product CES Gaming Top 10 Mainland Oil & Gas Mainland Banks Mainland Healthcare Mainland Properties IT Hardware Software & Service Underlying Index/Stocks CES Gaming Top 10 Index Mainland Oil & Gas Index Mainland Banks Index Mainland Healthcare Index Mainland Properties Index IT Hardware Index Software & Service Index HKATS GTI MOI MBI MCI MPI ITI SSI Contract Multiplier/Size HK$50 per index point Minimum Fluctuation Pre-Market Opening Period on Final Settlement Day Final Settlement Price Settlement Method 0.5 index point (i.e. HK$25) Spot, next calendar month & next two calendar quarter months 9:15 am - 12:00 noon & 1:00 pm - 4:15 pm (Hong Kong Time) Expiring contract month closes at 4:00 pm (Hong Kong Time) The first business day after the The average value of the sector index taken at (i) five (5) minute intervals from five (5) minutes after the start of the trading session on the up to five (5) minutes before the end of the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the. The Chief Executive of the Exchange has the power under the Regulations for trading Stock Contracts to determine the Final Settlement Price under certain circumstances. Cash settled contract of difference (HK$) Please visit Rules, Regulations and Procedures of the Exchange of Trading Rules under Rules and Regulations of the HKEx website for full contract specifications.

3 Product Underlying Index Minimum Fluctuation Exercise Style Option Premium Item HKATS HSI Standard Options Guotai Junan (Hong Kong) Limited Hong Kong Index Options - Contract Summary Index Options H-shares Index Options Mini Index Options Index (HSI) China Enterprises Index (HSCEI) Index (HSI) HK$50 per index point Standard Options Flexible Options Standard Options One index point European Style Quoted in whole index points Flexible Options Flexible Options XHS HHI XHH HK$10 per index point Standard Options Short-dated Options: Spot, next two calendar months & next three calendar quarter months Any calendar month not further out than the longest Spot, next calendar month, & next two calendar Long-dated Options: the next five months of June & term of expiry months that are available for trading quarter months December Strike Prices Short-dated Options:- Index Options :Within +/-30% from the Index points Intervals Index points Intervals opening price of the spot month futures contract on the day of At or above 2,000 but below 8, Below 2, request, or the range of the prevailing highest and lowest strike At or above 8, At or above 2,000 but below 8, prices available amongst the contract month requested to be created, and all other existing contract months with longer At or above 8, expiry terms on the day of request, whichever range is the Long-dated Options:- largest Expiry Day Official Settlement Price Index points Intervals Below 4, At or above 4,000 but below 8, At or above 8,000 but below 12, At or above 12,000 but below 15, At or above 15,000 but below 19, At or above 19,000 1,000 9:15 am - 12:00 noon & 1:00 pm - 4:15 pm (Expiring contract month closes at 4:00 pm on the Expiry Day) H-shares Index Options:Within +/-30% from the opening price of the spot month futures contract on the day of request, or the range of the prevailing highest and lowest strike prices available amongst the contract month requested to be created, and all other existing contract months with longer expiry terms on the day of request, whichever range is the largest For Flexible Index Options, no request of series creation is acceptable within the last 30 minutes before market close The average of quotations taken at (i) five (5) minute intervals from five (5) minutes after the start of, and up to five (5) minutes before the end of, the Continuous Trading Session of SEHK; and (ii) the close of trading on SEHK on the Please visit Rules, Regulations and Procedures of the Exchange of Trading Rules under Rules and Regulations of the HKEx website for full contract specifications. MHI 02/2014

4 (Table 1) No. SEHK Underlying Stocks HKATS Guotai Junan (Hong Kong) Limited Stock (shares) 1 1 CK Hutchison Holdings Ltd. CKH 500 Y 2 2 CLP Holdings Limited CLP 500 Y 3 3 The Hong Kong and China Gas Company Limited HKG 1,000 Y 4 4 The Wharf (Holdings) Limited WHL 1,000 Y 5 5 HSBC Holdings Plc. HKB 400 Y 6 6 Power Assets Holdings Limited HEH 500 Y 7 11 Bank Limited HSB 100 Y 8 12 Henderson Land Development Company Limited HLD 1,000 Y 9 16 Sun Hung Kai Properties Limited SHK 1,000 Y New World Development Company Limited NWD 1,000 Y Swire Pacific Limited 'A' SWA 500 Y The Bank of East Asia, Limited BEA 200 Y MTR Corporation Limited MTR 500 Y CITIC Limited CIT 1,000 Y Cathay Pacific Airways Limited CPA 1,000 Y Esprit Holdings Limited ESP 100 Y China Petroleum & Chemical Corporation CPC 2,000 Y Market Makers Hong Kong Exchanges and Clearing Limited HEX 100 Y Li & Fung Limited LIF 2,000 Y China Telecom Corporation Limited CTC 2,000 Y China Unicom (Hong Kong) Limited CHU 2,000 Y PetroChina Company Limited PEC 2,000 Y Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd. BAI 2,000 N CNOOC Limited CNC 1,000 Y Huaneng Power International, Inc. HNP 2,000 Y China Construction Bank Corporation CCB 1,000 Y China Mobile Limited CHT 500 Y Industrial and Commercial Bank of China Limited ICB 1,000 Y China Communications Construction Company Limited CCC 1,000 Y FIH Mobile Limited FIH 1,000 Y Ping An Insurance (Group) Company of China, Ltd. PAI 500 Y PICC Property and Casualty Company Limited PIC 2,000 Y BOC Hong Kong (Holdings) Limited BOC 500 Y Aluminum Corporation of China Limited ALC 2,000 Y China Life Insurance Company Limited CLI 1,000 Y Bank of Communications Co., Ltd. BCM 1,000 Y China Merchants Bank Co., Ltd. CMB 500 Y Bank of China Limited BCL 1,000 Y Note: Stock with Contract Size Equal to One Underlying Board Lot Shares ^ Synthetic ETF

5 (Table 2) No. Guotai Junan (Hong Kong) Limited Stock SEHK Underlying Stocks HKATS (shares) Number of Board Lots Poly Property Group Co., Ltd POL 10, N SOHO China Ltd. SOH 10, N GOME Electrical Appliances Holding Ltd. GOM 50, N Fosun International Ltd. FOS 10, N Tencent Holdings Ltd. TCH 1, N Digital China Holdings Ltd. DIG 5,000 5 N Semiconductor Manufacturing International SMC 50, N China CITIC Bank Corporation Ltd. CTB 20, N China Southern Airlines Co. Ltd. SOA 10,000 5 N Alibaba Pictures Group Ltd. ALI 50,000 5 N China Shenhua Energy Co. Ltd. CSE 10, Y Yanzhou Coal Mining Co. Ltd. YZC 10,000 5 N Agricultural Bank of China Ltd. ABC 50, Y New China Life Insurance Co. Ltd. NCL 5, N China Cinda Asset Management Co., Ltd. CDA 50, N China Hongqiao Group Ltd. CHQ 10, N China South City Holdings Ltd. CTY 10,000 5 N CRRC Corporation Ltd. CRR 10, N CGN Power Co., Ltd. CGN 50, N China Coal Energy Co. Ltd. CCE 10, N Sunac China Holdings Ltd. SUN 10, N China Minsheng Banking Corp., Ltd. MSB 10, N Guangzhou Automobile Group Co., Ltd. GAC 10,000 5 N Great Wall Motor Co. Ltd. GWM 10, N AviChina Industry & Technology Co. Ltd. AVI 10, N CSOP FTSE China A50 ETF CSA 5, Y ishares FTSE A50 China Index ETF^ A50 5, Y China Oilfield Services Ltd. CHO 10,000 5 N Zijin Mining Group Co., Ltd. ZJM 10,000 5 N China AMC CSI300 Index ETF AMC 2, N Evergrande Real Estate Group Ltd. EVG 20, N Kingsoft Corporation Ltd. KSO 5,000 5 N CITIC Securities Co. Ltd. CTS 10, N Haitong Securities Co. Ltd. HAI 10, N China Huishan Dairy holdings Co. Ltd. HUD 50, N Huitai Securities Co., Ltd. HTS 10, N Note: Stock with Contract Size More Than One Underlying Board Lot Shares ^ Synthetic ETF Market Makers