Future option stock trader trading
If this average price fails to reflect a fair price, the notation price will be determined on the basis of item ii below. The reasonable bid and offer prices available around the time of error trade, unless in the sole discretion of the Exchange, this fails to reflect a fair price, in which case the Exchange may consult up to 3 independent market practitioners who have no interest in the trade in order to arrive at a valid notation price.
Notwithstanding the foregoing, the Exchange shall have absolute discretion in determining the Reference Price. Notwithstanding the above, the Chief Executive of HKFE or his designee may adopt such other price to be the notation price as he considers appropriate, taking into account the market conditions prevailing at the time of the Error Trade. Determination of the Reference Price will be based on the average of the prices of the previous match and the next match occurring that trading day in that option series unless in the sole discretion of the Exchange, this fails to reflect a fair price, in which case the Exchange may consult up to 3 independent options market practitioners who have no interest in the trade in order to arrive at a valid Reference Price.
The trade price of the Tailor-Made Combination trade is such that it exceeds whichever is the greater of:. Parameters may be revised by HKEX in which case Participants will be notified before the change takes effect. HKEXnews View listed company announcements and more on the centralised platform for regulatory filings and disclosures. News Alerts Sign up to receive company announcements or website updates by email. Contact Us Get in touch with our Listing Department. HKEX Calendar Download or subscribe to our calendar containing trading and clearing information, public holidays and more.
Market Highlights View the market capitalization, number of listed companies and more in the Hong Kong, Shanghai and Shenzhen markets. Error Trade Handling Procedures.
Such claims shall be processed only in accordance with the following procedures: Error trade price parameters. The notation price will be determined as follows: Updated 03 Aug How are Stock Futures settled? Can I square up my position? When am I required to pay initial margin to my broker? Do I have to pay mark-to-market margin? What are the profits and losses in case of a Stock Futures position?
What is the market lot for Stock Futures? Why are the market lots different for different stocks? What are the different contract months available for trading? What is spread trading on BSE? As an investor, how do I start trading in Stock Futures?