Product Specifications: Hang Seng Index Futures Mini-Hang Seng Index Futures Hang Seng China Enterprises Index Futures Mini-Hang Seng China Enterprises Index Futures Hang Seng Index Options Mini-Hang Seng Index Options Hang Seng China Enterprises Index Options Mini-Hang Seng China Enterprises Index Options Weekly Hang Seng Index Options Weekly Hang Seng China Enterprises Index Options Hang Seng TECH Index Futures Hang Seng TECH Index Options


Hang Seng Index Futures

Item	Contract Terms
Underlying Index	Hang Seng Index
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Short-dated Futures: Spot month, next three calendar months and next three calendar quarter months; and Long-dated Futures: The three months of June and December plus the next three months of December following the Contract Months specified for Short-dated Futures
Pre-Market Opening Period	8:45 am - 9:15 am & 12:30 pm - 1:00 pm
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day	The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price	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 Last Trading Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$10.00 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Mini-Hang Seng Index Futures

Item	Contract Terms
Underlying Index	Hang Seng Index
Contract Multiplier	HK$10 per index point
Minimum Fluctuation	One index point
Contract Months	Spot, next calendar month, & next two calendar quarter months
Pre-Market Opening Period	8:45 am - 9:15 am & 12:30 pm - 1:00 pm
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day	The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price	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 Last Trading Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$3.50 HK$0.10 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Hang Seng China Enterprises Index Futures

Item	Contract Terms
Underlying Index	Hang Seng China Enterprises Index (HSCEI)
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Short-dated Futures: Spot month, next three calendar months and next three calendar quarter months; and Long-dated Futures: The three months of June and December plus the next three months of December following the Contract Months specified for Short-dated Futures
Pre-Market Opening Period	8:45 am - 9:15 am & 12:30 pm - 1:00 pm
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day	The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price	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 Last Trading Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$3.50 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Mini-Hang Seng China Enterprises Index Futures

Item	Contract Terms
Underlying Index	Hang Seng China Enterprises Index (HSCEI)
Contract Multiplier	HK$10 per index point
Minimum Fluctuation	One index point
Contract Months	Short-dated Futures: Spot, next calendar month & next two calendar quarter months; and Long-dated Futures: the following 5 December months
Pre-Market Opening Period	8:45 am - 9:15 am & 12:30 pm - 1:00 pm
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day	The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price	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 Last Trading Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$2.00 HK$0.10 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Hang Seng Index Options

Item	Contract Terms
Underlying Index	Hang Seng Index
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Short-dated Options: Spot, next three calendar months & next three calendar quarter months and Long-dated Options: the next 3 months of June & December and the following 3 December months
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day	The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price	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 Expiry Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$10.00 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Mini-Hang Seng Index Options

Item	Contract Terms
Underlying Index	Hang Seng Index
Contract Multiplier	HK$10 per index point
Minimum Fluctuation	One index point
Contract Months	Spot, next calendar month, & next two calendar quarter months
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day	The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price	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 Expiry Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$2.00 HK$0.10 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Hang Seng China Enterprises Index Options

Item	Contract Terms
Underlying Index	Hang Seng China Enterprises Index (HSCEI)
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Short-dated Options: Spot, next three calendar months & next three calendar quarter months Long-dated Options: the next three months of June & December and the following 3 December months
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day	The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price	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 Expiry Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$3.50 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Mini-Hang Seng China Enterprises Index Options

Item	Contract Terms
Underlying Index	Hang Seng China Enterprises Index (HSCEI)
Contract Multiplier	HK$10 per index point
Minimum Fluctuation	One index point
Contract Months	Spot month, next calendar month, & next two calendar quarter months
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day	The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price	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 Expiry Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$1.00 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Weekly Hang Seng Index Options

Item	Contract Terms
Underlying Index	Hang Seng Index
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Spot Week and the next week, except where the Expiry Day of the Weekly Contract is the same as the Expiry Day of the Spot Month HSI Option Contract
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day	The Last Business Day of the Contract Week
Final Settlement Price	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 Expiry Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$10.00 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Weekly Hang Seng China Enterprises Index Options

Item	Contract Terms
Underlying Index	Hang Seng China Enterprises Index (HSCEI)
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Spot Week and the next week, except where the Expiry Day of the Weekly Contract is the same as the Expiry Day of the Spot Month HSCEI Option Contract
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Expiry Day)
Expiry Day	The last Business Day of the Contract Week
Final Settlement Price	Average of the index values taken at 5 minute interval on the Expiry Day
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$3.50 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Hang Seng TECH Index Futures

Item	Contract Terms
Underlying Index	Hang Seng TECH Index
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Spot, next calendar month & following two quarterly months
Pre-Market Opening Period	8:45 am - 9:15 am & 12:30 pm - 1:00 pm
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm & 5:15 pm - 3:00 am (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Last Trading Day	The Business Day immediately preceding the last Business Day of the Contract Month
Final Settlement Price	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 Last Trading Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$5.00 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.

Hang Seng TECH Index Options

Item	Contract Terms
Underlying Index	Hang Seng TECH Index
Contract Multiplier	HK$50 per index point
Minimum Fluctuation	One index point
Contract Months	Spot, next calendar month and the following two quarterly months
Pre-Market Opening Period	Not available
Trading Hours (Hong Kong time)	9:15 am - 12:00 noon, 1:00 pm - 4:30 pm (Note: There will be no T+1 session for Hang Seng TECH Index Options at launch) (Expiring contract month closes at 4:00 pm on the Last Trading Day)
Expiry Day	The Business Day immediately preceding the last Business Day of the Contract Month
Official Settlement Price	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 Last Trading Day.
Transaction Costs (per contract, per side)	Exchange Fee * SFC Levy * Commission HK$5.00 HK$0.54 Negotiable

Remarks:
*	These fees and levies are subject to change by Hong Kong Futures Exchange Limited and investors should consult with our Company for amendments, if any.