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Will HKFE's last trading day & final settlement day be revised?
Note: If London Metal Exchange revises its schedule for Last Trading Days, the Last Trading Day and Final Settlement Day at HKFE might be revised accordingly. Note: Subject to the official announcement of Singapore public holiday, the Last Trading Day and Final Settlement Day might be revised accordingly.Will there be an after-hours trading session for holiday trading exchange contracts?
On the following trading day, there will be no after-hours trading session for Holiday Trading Exchange Contracts: The derivatives markets holiday schedule, last trading days and expiry days, and final settlement days.Should the Hong Kong dollar be re-pegged to the renminbi?
Studies shows that, if the Hong Kong dollar were to be re-pegged to the Renminbi, it would need over 2 trillion Renminbi worth of assets to replace the HKMA's US$340 billion in foreign reserves as of 2015, which exceeds the amount of existing Renminbi assets in Hong Kong's offshore market.How does HKMA work?
By this arrangement the HKMA guarantees to exchange United States dollar into Hong Kong dollars and vice versa, at the rate of 7.80. When the market rate is below 7.80, the banks will convert United States dollar for Hong Kong dollars from the HKMA, Hong Kong dollars supply will increase, and the market rate will climb back to 7.80.