HKEX unveils long-dated futures and options to equity benchmarks

It aims to give market participants in the HSI and HSCEI more investment choices.

To give investors more choices, Hong Kong Exchanges and Clearing unveiled long-dated contract months for its Hang Seng Index (HSI) and Hang Seng China Enterprises Index (HSCEI) Futures and increase long-dated contract months for its HSI and HSCEI options with maturities up to 5.5 years.

The changes will take effect on March 5. 

Following the changes, contract months for HSI and HSCEI long-dated futures are now at 5 December months. Short-dated options for HSI are still at spot, next 3 calendar months and next 3 calendar quarter months.

For HSCEI long-dated options, contract months are at the next 3 months of June and December and following 3 December months.