Hong Kong Futures Market

The HSI or Hong Kong futures market is based upon the Hang Seng stock index, which is the primary stock index of HKEX (Hong Kong Exchanges and Clearing) in Hong Kong.

The Hang Seng index is calculated based on prices of the 38 companies listed in the Hong Kong stock exchange and the HSI futures market is traded on the HKFE (Hong Kong Futures Exchange) from 9:45 AM to 12:30 AM, and from 2:30 PM to 4:15 PM Hong Kong Time.

The HSI futures market has a daily trading volume of approximately 50000 contracts, and a daily price range of approximately 300 points (300 ticks).


Companies in the Hang Seng Index :As of March 2007, the Hang Seng stock index includes the following 38 companies :

Bank of China

Bank of East Asia

BOC Hong Kong

Cathay Pacific Airways

Cheung Kong

Cheung Kong Infrastructure Holdings

China Construction Bank

China Life Insurance Company

China Merchants Holdings

China Mobile

China Netcom Group

China Resources Enterprise

China Unicom

CITIC Pacific

CLP Holdings

CNOOC

COSCO Pacific

Esprit Holdings

Foxconn International Holdings

Hang Lung Properties

Hang Seng Bank

Henderson Land Development Company

HKEX

Hong Kong and China Gas Company

Hong Kong Electric Holdings

HSBC Holdings

Hutchison Whampoa

Industrial and Commercial Bank of China

Li & Fung

MTR Corporation

New World Development Company

Pacific Century CyberWorks

Sino Land Company

Sinopec

Sun Hung Kai Properties

Swire Pacific

Wharf

Yue Yuen Industrial



Contract Specifications

The full contract specifications for the HSI futures market are as follows :


Symbol (IB / Sierra Chart Format) : HSI

Expiration date (as of March 2007) : March 29 2007

Exchange : HKFE

Currency : HKD

Multiplier / Contract value : 50 HKD

Tick size / Minimum price change : 1 Tick

value / Minimum price value : 50 HKD