Trading in the rain: The new HKEX's severe weather trading mechanism 乘风破浪: 联交所恶劣天气下的交易安排
On 18 June 2024, Hong Kong Exchanges and Clearing Limited ("HKEX") published the conclusions from a consultation paper on the Proposal on Severe Weather Trading of Hong Kong Securities and Derivatives Markets. The operational model and arrangements are now finalised to allow Hong Kong's securities and derivatives markets to remain open during severe weather conditions.
在 2024 年 6 月 18 日，香港联合交易所有限公司（以下简称"联交所"）公布了《香港证券及衍生产品市场维持恶劣天气下交易》咨询文件（以下简称"咨询文件"）的总结（以下简称"咨询总结"）。为使香港证券及衍生品市场能在恶劣天气下维持交易，有关的运作模式及相关安排已经确定。
HKEX plans to implement Severe Weather Trading ("SWT") from 23 September 2024, subject to regulatory approval. To prepare for the implementation of SWT, it is strongly recommended that (i) clearing participants of Hong Kong Securities Clearing Company Limited, HKFE Clearing Corporation Limited and The SEHK Options Clearing House Limited, as well as exchange participants of SEHK and HKFE (collectively, the "Participants"), (ii) relevant parties involved in the processes and (iii) the investing public to start preparations as soon as practicable. Participants will be required to declare system and operational readiness before the launch of SWT.
联交所计划在获得监管机构批准后，于 2024 年 9 月 23 日起实施恶劣天气交易安排。为准备实施恶劣天气交易安排，我们强烈建议：(i) 香港中央结算有限公司（以下简称"香港结算"）、香港期货结算有限公司及联交所期权结算所有限公司的结算参与者，以及联交所及期交所的交易所参与者（以下统称"参与者"）；(ii) 参与相关程序的持份者；以及 (iii) 公众投资者，在切实可行的情况下尽快开始准备工作。参与者需要在恶劣天气交易安排实施前确保申报系统及营运准备就绪。
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