Futures and Options Charges

Margin rate effective from: 2 Oct 2024 (Wed)

Futures

(per contract per side)	Hang Seng Index Futures	Mini-Hang Seng Index Futures	H-shares Index Futures	Mini H-Shares Index Futures	Hang Seng TECH Index Futures
Initial Margin	$80,930	$16,186	$34,114	$6,822	$20,029
Spread Margin	$18,620	$3,724	$13,366	$2,673	$4,415
Standard Commission/ Online Trading Commission^ (For Hong Kong client only)	$60(DayTrade) $100(Overnight)	$20(DayTrade) $35(Overnight)	$60(DayTrade) $100(Overnight)	$20(DayTrade) $35(Overnight)	$60(DayTrade) $100(Overnight)
SFC Levy	$0.54	$0.10	$0.54	$0.10	$0.54
Exchange Fee	$10.00	$3.50	$3.50	$2.00	$2.50
Exercise Fee* (Not Include Exchange Fee)	$100.00	$35.00	$100.00	$35.00	$100

Options

(per contract per side)	Hang Seng Index Options	Mini-Hang Seng Index Options	H-shares Index Options	Mini-H-shares Index Options	Hang Seng TECH Index Options
Initial Margin	Calculate by the SPAN method	Calculate by the SPAN method	Calculate by the SPAN method	Calculate by the SPAN method	Calculate by the SPAN method
Spread Margin	N/A	N/A	N/A	N/A	N/A
Standard Commission/ Online Trading Commission^ (For Hong Kong client only)	$100	$35	$100	$35	$100
SFC Levy	$0.54	$0.10	$0.54	$0.54	$0.54
Exchange Fee	$10.00	$2.00	$3.50	$1.00	$2.50
Exercise Fee* (Not Include Exchange Fee)	$100	$35	$100	$35	$100

*Note:
Exercise Fee is subject to overnight charges if expiring futures contract or index options contract is close out by “Auto Cash Settlement” on the last day.
Changes or amendment of the information might be made at any time without prior notice.