In order to facilitate intermediaries to participate in AHFT and having regard to the practices in major overseas futures markets in respect of after-hours trades, the SFC will regard it as acceptable for intermediaries to report trades transacted in the AH Session as T+1 trades in contract notes, daily and monthly statements of account prepared under the 麻豆传媒 and Futures (Contract Notes, Statements of Account and Receipts) Rules. Intermediaries which provide AHFT services and intend to report trades transacted in the AH Session as T+1 trades in contract notes, daily and monthly statements of account should inform their clients accordingly.
Q1 : Hong Kong Futures Exchange (鈥淗KFE鈥�) will introduce an after-hours trading session (鈥淎H Session鈥�) after the close of the regular trading session (鈥淩 Session鈥�).聽 Under HKFE鈥檚 operating model of after-hours futures trading (鈥淎HFT鈥�), all trades transacted in the AH Session will be registered with the clearing house as the following day鈥檚 trades (鈥淭+1 trades鈥�) and cleared together with trades transacted in the R Session on that following business day. In the circumstances, can an intermediary report the trades transacted in AH Session as T+1 trades in contract notes, daily and monthly statements of account?
Last update: 20 Feb 2013