Contract Name	Code	Contract Value	Contract Months	Minimum Fluctuation	Trading Hours	Settlement Method
Index Futures & Options					Table of Margin Requirements
Index Futures & Options Margin Reqs.
Contract Name Hang Seng Index Futures	Code HSI	Contract Value HKD50 x Index	Contract Months Spot month, the next 3 calendar months & the next 3 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Hang Seng Index Options	Code HSI	Contract Value HKD50 x Index	Contract Months Spot month, the next 3 calendar months & the next 3 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Weekly Hang Seng Index Options	Code HSI	Contract Value HKD50 x Index	Contract Months Spot Week and next week, except where the expiry day of weekly contract is same as the expiry day	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name H-share Index Futures	Code HHI	Contract Value HKD50 x Index	Contract Months Spot month, the next 3 calendar months & the next 3 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name H-share Index Options	Code HHI	Contract Value HKD50 x Index	Contract Months Spot month, the next 3 calendar months & the next 3 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Weekly H-share Index Options	Code HHI	Contract Value HKD50 x Index	Contract Months Spot Week and next week, except where the expiry day of weekly contract is same as the expiry day	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Mini Hang Seng Index Futures	Code MHI	Contract Value HKD10 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 10	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Mini Hang Seng Index Options	Code MHI	Contract Value HKD10 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 10	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Mini H-share Index Futuress	Code MCH	Contract Value HKD10 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 10	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Mini H-share Index Options	Code MCH	Contract Value HKD10 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 10	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Hang Seng TECH Index Futures	Code HTI	Contract Value HKD50 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Hang Seng TECH Index Options	Code HTI	Contract Value HKD50 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 1 p.t = HKD 50	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSI Gross Total Return Index	Code HGT	Contract Value HKD50 x Index	Contract Months Short-dated: Spot month, the next calendar month & the next 2 calendar quarter months Long-dated: the following 2 Dec months	Minimum Fluctuation 0.01 p.t = HKD 0.5	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSI Net Total Return Index	Code HNT	Contract Value HKD50 x Index	Contract Months Short-dated: Spot month, the next calendar month & the next 2 calendar quarter months Long-dated: the following 2 Dec months	Minimum Fluctuation 0.01 p.t = HKD 0.5	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSCEI Gross Total Return Index	Code HHT	Contract Value HKD50 x Index	Contract Months Short-dated: Spot month, the next calendar month & the next 2 calendar quarter months Long-dated: the following 2 Dec months	Minimum Fluctuation 0.01 p.t = HKD 0.5	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSCEI Net Total Return Index	Code HHN	Contract Value HKD50 x Index	Contract Months Short-dated: Spot month, the next calendar month & the next 2 calendar quarter months Long-dated: the following 2 Dec months	Minimum Fluctuation 0.01 p.t = HKD 0.5	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30; ◎17:15 - 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSI Dividend Futures	Code DHS	Contract Value HKD50 x Index	Contract Months 5 nearest December contract months	Minimum Fluctuation 0.01 p.t = HKD 0.5	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSCEI Dividend Futures	Code DHH	Contract Value HKD50 x Index	Contract Months 5 nearest December contract months	Minimum Fluctuation 0.01 p.t = HKD 0.5	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name HSI Volatility Index Futures	Code VHS	Contract Value HKD5000 x Index	Contract Months Spot mont & the next 2 calendar quarter months	Minimum Fluctuation 0.05 p.t = HKD 250	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name MSCI China A 50 Connect (USD) Index	Code MCA	Contract Value USD25 x Index	Contract Months Spot month, the next calendar month & the next 4 calendar quarter months	Minimum Fluctuation 0.2 p.t = USD 5	Trading Hours 09:00 – 16:30 ; ◎17:15 – 03:00	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name Hang Seng Mainland Banks Index Futures	Code MBI	Contract Value HKD50 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 0.5 p.t = HKD 25	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30	Settlement Method Cash
Index Futures & Options Margin Reqs.
Contract Name CES China 120 Index Futures	Code CHH	Contract Value HKD50 x Index	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation 0.5 p.t = HKD 25	Trading Hours 09:15 - 12:00 ; 13:00 - 16:30	Settlement Method Cash

Contract Name	Contract Value	Contract Months	Minimum Fluctuation	Trading Hours	Settlement Method
Stock Futures				Table of Margin Requirements
Stock Futures "Margin Reqs."
Contract Name Hong Kong Stock Futures	Contract Value Contract price x Contract Multiplier	Contract Months Spot month, the next 2 calendar months & the next 2 calendar quarter months	Minimum Fluctuation HKD0.01	Trading Hours (HKT) 09:30 - 12:00; 13:00 - 16:00	Settlement Method Cash

Contract Name	Code	Contract Value	Contract Months	Minimum Fluctuation	Trading Hours	Settlement Method
Currency Futures					Table of Margin Requirements
Currency Futures Margin Reqs.
Contract Name USD/CNH Futures	Code CUS	Contract Value USD100,000	Contract Months Spot month, the next 3 calendar month & the next 6 calendar quarter mths	Minimum Fluctuation RMB 0.0001 = RMB 10	Trading Hours 08:30 – 18:30 ; ◎19:15 – 03:00	Settlement Method Physical* (not provided)
Currency Futures Margin Reqs.
Contract Name USD/CNH Options	Code CUS	Contract Value USD100,000	Contract Months Spot month, the next 3 calendar month & the next 6 calendar quarter mths	Minimum Fluctuation RMB 0.0001 = RMB 10	Trading Hours 08:30 – 18:30	Settlement Method Physical* (not provided)
Currency Futures Margin Reqs.
Contract Name EUR/CNH Futures	Code CEU	Contract Value EUR50,000	Contract Months Spot month, the next calendar month & the next 2 calendar quarter mths	Minimum Fluctuation RMB 0.0001 = RMB 5	Trading Hours 08:30 – 18:30 ; ◎19:15 – 03:00	Settlement Method Cash
Currency Futures Margin Reqs.
Contract Name JPY/CNH Futures	Code CJP	Contract Value JPY6,000,000	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation RMB 0.0001 = RMB 6	Trading Hours 08:30 – 18:30 ; ◎19:15 – 03:00	Settlement Method Cash
Currency Futures Margin Reqs.
Contract Name AUD/CNH Futures	Code CAU	Contract Value AUD80,000	Contract Months Spot month, the next calendar month & the next 2 calendar quarter months	Minimum Fluctuation RMB 0.0001 = RMB 8	Trading Hours 08:30 – 18:30 ; ◎19:15 – 03:00	Settlement Method Cash
Currency Futures Margin Reqs.
Contract Name CNH/USD Futures	Code UCN	Contract Value RMB300,000	Contract Months Spot month, the next 3 calendar month & the next 6 calendar quarter mths	Minimum Fluctuation USD 0.0001 = USD 3	Trading Hours 08:30 – 18:30 ; ◎19:15 – 03:00	Settlement Method Cash

Contract Name	Code	Contract Value	Contract Months	Minimum Fluctuation	Trading Hours	Settlement Method
Interest Rate Futures					Table of Margin Requirements
Interest Rate Futures Margin Reqs.
Contract Name One-Month Hibor Futures	Code HB1	Contract Value HKD15,000,000	Contract Months Spot month and the next 5 calendar months	Minimum Fluctuation HKD 0.0001	Trading Hours 08:30 - 12:00 ; 13:30 - 17:00	Settlement Method Cash
Interest Rate Futures Margin Reqs.
Contract Name Three-Month HIBOR Futures	Code HB3	Contract Value HKD5,000,000	Contract Months Spot month, the next calendar month & the next 7 calendar quarter months	Minimum Fluctuation HKD 0.0001	Trading Hours 08:30 - 12:00 ; 13:30 - 17:00	Settlement Method Cash

Contract Name	Code	Contract Value	Contract Months	Minimum Fluctuation	Trading Hours	Settlement Method
Commodities Futures					Table of Margin Requirements
Commodities Futures Margin Reqs.
Contract Name USD Gold Futures	Code GDU	Contract Value 1Kg(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation USD 0.01	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Physical* (not provided)
Commodities Futures Margin Reqs.
Contract Name CNH Gold Futures	Code GDR	Contract Value 1Kg(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 0.05	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Physical* (not provided)
Commodities Futures Margin Reqs.
Contract Name CNH London Aluminium Mini Futures	Code LRA	Contract Value 5Ton(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 5	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Cash
Commodities Futures Margin Reqs.
Contract Name CNH London Zinc Mini Futures	Code LRZ	Contract Value 5Ton(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 5	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Cash
Commodities Futures Margin Reqs.
Contract Name CNH London Copper Mini Futures	Code LRC	Contract Value 5Ton(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 10	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Cash
Commodities Futures Margin Reqs.
Contract Name CNH London Nickel Mini Futures	Code LRN	Contract Value 1Ton(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 10	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Cash
Commodities Futures Margin Reqs.
Contract Name CNH London Tin Mini Futures	Code LRS	Contract Value 1Ton(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 10	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Cash
Commodities Futures Margin Reqs.
Contract Name CNH London Lead Mini Futures	Code LRP	Contract Value 5Ton(s)	Contract Months Spot month and the next 11 calendar months	Minimum Fluctuation RMB 5	Trading Hours 09:00 - 16:30 ; ◎17:15 – 03:00	Settlement Method Cash

Product	Code	Initial (per lot)	Maintenance (per lot)	Spread Rate (per spread)
Product One-Month Hibor Futures	Code HB1	Initial (per lot) HKD 7,700	Maintenance (per lot) HKD 6,160	Spread Rate (per spread) Please refer to HKEX website
Product Three-Month HIBOR Futures	Code HB3	Initial (per lot) HKD 4,176	Maintenance (per lot) HKD 3,340	Spread Rate (per spread) Please refer to HKEX website

Product	Code	Initial (per lot)	Maintenance (per lot)	Spread Rate (per spread)
Product USD Gold Futures	Code GDU	Initial (per lot) USD 3,112	Maintenance (per lot) USD 2,489	Spread Rate (per spread) USD 561
Product CNH Gold Futures	Code GDR	Initial (per lot) RMB 20,841	Maintenance (per lot) RMB 16,672	Spread Rate (per spread) RMB 4,801
Product CNH London Aluminium Mini Futures	Code LRA	Initial (per lot) RMB 8,538	Maintenance (per lot) RMB 6,830	Spread Rate (per spread) RMB 2,314
Product CNH London Zinc Mini Futures	Code LRZ	Initial (per lot) RMB 10,147	Maintenance (per lot) RMB 8,117	Spread Rate (per spread) RMB 2,447
Product CNH London Copper Mini Futures	Code LRC	Initial (per lot) RMB 23,541	Maintenance (per lot) RMB 18,832	Spread Rate (per spread) RMB 3,537
Product CNH London Nickel Mini Futures	Code LRN	Initial (per lot) RMB 52,136	Maintenance (per lot) RMB 41,708	Spread Rate (per spread) RMB 6,783
Product CNH London Tin Mini Futures	Code LRS	Initial (per lot) RMB 22,078	Maintenance (per lot) RMB 17,662	Spread Rate (per spread) RMB 1,768
Product CNH London Lead Mini Futures	Code LRP	Initial (per lot) RMB 6,304	Maintenance (per lot) RMB 5,043	Spread Rate (per spread) RMB 567

Product	Code	Initial (per lot)	Maintenance (per lot)	Spread Rate (per spread)
Product Hang Seng Index Futures	Code HSI	Initial (per lot) HKD 168,112	Maintenance (per lot) HKD 134,489	Spread Rate (per spread) HKD 38,703
Product Hang Seng Index Options	Code HSI	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product Weekly Hang Seng Index Options	Code HSI	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product H-share Index Futures	Code HHI	Initial (per lot) HKD 65,635	Maintenance (per lot) HKD 52,508	Spread Rate (per spread) HKD 25,602
Product H-share Index Options	Code HHI	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product Weekly H-share Index Options	Code HHI	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product Mini Hang Seng Index Futures	Code MHI	Initial (per lot) HKD 33,622	Maintenance (per lot) HKD 26,897	Spread Rate (per spread) HKD 7,740
Product Mini Hang Seng Index Options	Code MHI	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product Mini H-share Index Futuress	Code MCH	Initial (per lot) HKD 13,127	Maintenance (per lot) HKD 10,501	Spread Rate (per spread) HKD 5,120
Product Mini H-share Index Options	Code MCH	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product Hang Seng TECH Index Futures	Code HTI	Initial (per lot) HKD 58,094	Maintenance (per lot) HKD 46,475	Spread Rate (per spread) HKD 12,781
Product Hang Seng TECH Index Options	Code HTI	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product HSI Gross Total Return Index	Code HGT	Initial (per lot) HKD 238,176	Maintenance (per lot) HKD 190,540	Spread Rate (per spread) HKD 54,782
Product HSI Net Total Return Index	Code HNT	Initial (per lot) HKD 232,590	Maintenance (per lot) HKD 186,072	Spread Rate (per spread) HKD 53,505
Product HSCEI Gross Total Return Index	Code HHT	Initial (per lot) HKD 65,369	Maintenance (per lot) HKD 52,295	Spread Rate (per spread) HKD 25,496
Product HSCEI Net Total Return Index	Code HHN	Initial (per lot) HKD 61,618	Maintenance (per lot) HKD 49,294	Spread Rate (per spread) HKD 24,033
Product HSI Dividend Futures	Code DHS	Initial (per lot) HKD 3,763	Maintenance (per lot) HKD 3,010	Spread Rate (per spread) HKD 4,522
Product HSCEI Dividend Futures	Code DHH	Initial (per lot) HKD 1,302	Maintenance (per lot) HKD 1,041	Spread Rate (per spread) HKD 1,569
Product HSI Volatility Index Futures	Code VHS	Initial (per lot) HKD 33,728	Maintenance (per lot) HKD 26,982	Spread Rate (per spread) HKD 10,121
Product MSCI China A 50 Connect (USD) Index	Code MCA	Initial (per lot) USD 3,537	Maintenance (per lot) USD 2,829	Spread Rate (per spread) USD 1,238
Product Hang Seng Mainland Banks Index Futures	Code MBI	Initial (per lot) HKD 9,722	Maintenance (per lot) HKD 7,777	Spread Rate (per spread) HKD 2,926
Product CES China 120 Index Futures	Code CHH	Initial (per lot) HKD 27,477	Maintenance (per lot) HKD 21,981	Spread Rate (per spread) HKD 8,246

Product	Code	Initial (per lot)	Maintenance (per lot)	Spread Rate (per spread)
Product USD/CNH Futures	Code CUS	Initial (per lot) RMB 14,483	Maintenance (per lot) RMB 11,586	Spread Rate (per spread) RMB 5,825
Product USD/CNH Options	Code CUS	Initial (per lot) Calculated by SPAN	Maintenance (per lot) Calculated by SPAN	Spread Rate (per spread) Calculated by SPAN
Product EUR/CNH Futures	Code CEU	Initial (per lot) RMB 8,698	Maintenance (per lot) RMB 6,958	Spread Rate (per spread) RMB 1,662
Product JPY/CNH Futures	Code CJP	Initial (per lot) RMB 13,605	Maintenance (per lot) RMB 10,884	Spread Rate (per spread) RMB 3,537
Product AUD/CNH Futures	Code CAU	Initial (per lot) RMB 14,749	Maintenance (per lot) RMB 11,799	Spread Rate (per spread) RMB 2,806
Product CNH/USD Futures	Code UCN	Initial (per lot) USD 1,029	Maintenance (per lot) USD 823	Spread Rate (per spread) USD 731

Product	Initial (per lot)	Maintenance (per lot)	Spread Rate (per spread)
Product Hong Kong Stock Futures	Initial (per lot) -	Maintenance (per lot) -	Spread Rate (per spread) -