On 20 November 2023, HKEX issued circulars on enhancing derivatives position limits.
- Circulars outline changes to exchange-level position limit regime including application of position limits to clearing participants (CP) as well as excess position limits for CPs.
- Increase of CNH position limits from 8K to 30K long or short position delta contracts.
- Introduce tiers for single stock futures; remove sub-position limit for flagship minis.
- Increase single stock options (SSO) position limit and introduction of additional tiers.
- The enhancement will be effective from 22 December 2023, subject to regulatory approval.