Hong Kong stock exchange to extend circuit breakers to futures products to temper wild gyrations in …

Sumary of Hong Kong stock exchange to extend circuit breakers to futures products to temper wild gyrations in equities and derivatives:

• Hong Kong Exchanges and Clearing Limited (HKEX), the market operator, will further expand its circuit-breaker mechanism to temper wild swings in the price of futures contracts in Asia third-largest capital market.The move will add to similar controls put in place since August 2016, first on extreme gyrations in equities and a year later on derivative products..
• They followed a series of events that provoked regulatory probes into market misconduct such as price manipulation and pump-and-dump……

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From SCMP - 09/04/2021