Hong Kong Considers Longer Trading Hours, Starting With Derivatives
Photo: TokenPost
Hong Kong is considering longer securities-trading hours, beginning with derivatives, alongside a T+1 settlement cycle and settlement using tokenized money and the digital Hong Kong dollar. Securities and Futures Commission CEO 梁凤仪 said Oct. 9 that the derivatives market will be the first market to adopt longer trading hours. Hong Kong Exchanges and Clearing will publish a discussion paper in the fourth quarter on extending trading hours in the spot market. Hong Kong will also shorten its settlement cycle to T+1, with a consultation summary expected shortly.
Source: TokenPost
