OREANDA-NEWS. Hong Kong Exchanges and Clearing Limited (HKEX) has announced the securities for the first phase of the closing auction it will introduce in its securities market on Monday, 25 July 2016.  They were posted in the Volatility Control Mechanism and Closing Auction Session (CAS) section of the HKEX website today along with updated frequently asked questions about the CAS.

Some of the closing times in HKEX's market will be extended as a result of the introduction of the CAS.

New closing times from 25 July 2016 with current closing times in brackets*

Securities market – Phase 1 securities

  • Normal trading day: random close between 4:08 pm and 4:10 pm (4 pm) 
  • Half-day trading: random close between 12:08 pm and 12:10 pm (12:00 pm)

Derivatives market - Stock index futures and options, currency futures and commodity futures 

  • Normal trading day: 4:30 pm (4:15 pm) 
  • Half-day trading: 12:30 pm (12:00) 

The opening time of HKEX's After-hours Futures Trading (AHFT) will also be extended.