The new platform, FINI, will shorten the time between the pricing of an IPO and the trading of shares from T+5 to T+2.
September 28, 2023Participants should review their current practices and procedures, strengthen their controls, and take immediate actions to rectify any breaches or deficiencies.
March 7, 2023HKEX will explain the API development requirements for the new IPO settlement platform, set to launch in June 2023.
June 17, 2022The information package will help clearing participants make final preparations for the launch of the new new risk engine on 13 June.
June 9, 2022The VaR Platform will replace the existing flat-rate model for calculation of margin and HKSCC Default Fund contributions.
May 18, 2022HKEX provides key operational arrangement updates for FINI in a new information pack, including the onboarding requirements for market participants.
December 1, 2021Market participants will be able to receive information on corporate actions in the form of ISO messages via SWIFT from 27 September.
August 24, 2021Trading tariffs and stock settlement fees have been waived for 29 fixed income and money market ETF trading counters.
June 1, 2021A familiarisation programme has been launched to allow clearing participants to retrieve margin related reports calculated based on the new ORP risk models.
January 11, 2021Subject to market support and readiness, HKEX intends to launch a new platform called FINI in 2022 that will cut the IPO settlement process from T+5 to T+1.
November 17, 2020