Hong Kong Futures

Market Details


The Hong Kong Futures Exchange (HKFE), part of HKEX, is a derivatives market based in Hong Kong, offering a variety of financial and commodity derivatives.


Currency: Hong Kong Dollar (HKD)

Trading Hours

Trading Hours

Morning Session: 9:15 – 12:00

Afternoon Session: 13:00 – 16:30

Note: 24-hour trading is not available yet, thus HK futures trading takes place only during the morning and afternoon sessions.


You can use the following formula to calculate the contract value for each futures series. This value represents the amount of Buying Power (BP) you would need to trade a single contract.

1. Hang Seng Index Futures
contract value = Price * 50 HKD

2. Mini Hang Seng Index Futures
contract value = Price * 10 HKD

3. H-shares Index Futures
contract value = Price * 50 HKD

4. Mini H-shares Index Futures
contract value = Price * 10 HKD

Trading Summary

Please familiarize yourself with the expiration dates of contracts and their universal month codes, which can be found on the Contract Month Codes page.

The symbology format for the available Hong Kong contracts is as follows:



  • XXX = contract code, e.g., HSI
  • M = month code, e.g., K
  • YY = two-digit year code, e.g., 15
  • DD = two-digit day of expiration, e.g., 28

For example, the Hang Seng Index Futures expiring on May 28, 2015, would be: HSI\K1528

Note: please be aware that on the last day of trading (expiry date), traders cannot hold a position on a symbol.

Order Types

  • Limit Buy/Sell→ShortSell
  • Market Buy/Sell→ShortSell

Basic Market Rules

  • Lot Size: 1 contract.
  • Tick Size: varies by contract.
  • Short Sale Rules: short selling is allowed, and no mark or locates are required for shorting.
  • Circuit Breakers: HKEX limits order entry to prices +/- 25 spreads from the nominal price, and a maximum order size of 3000 round lots. For addition details on the mechanisms monitoring price movements, see the Frequently Asked Questions page.

Additional Info

For more information, see the Overview page.

See Also

Real Trading: Available Markets

Equity Markets

Futures Markets

Forex Markets

View all available trading markets