Suspension of Foreign Futures and HKSI Futures

 

                   Notice on Suspension of Foreign Futures 
                                       and 
                          HKSI Futures Market Services

 

Due to the uncertain relationship between the global epidemic and the downward pressure on the global economy in the past six months, please note that the company has decided to suspend the services related to the trading of foreign futures and the Hong Kong Hang Seng Index Futures Night Market from September 1, 2020. If customers hold open positions in foreign futures, they need to close out the relevant products held by you on or before the end of the notice period specified by the company (i.e. August 31, 2020). If the client still holds open positions in foreign futures before the above-specified date, he may be forced to close the position by the company. In order to avoid unnecessary disputes caused by the above arrangement, please deal with it as soon as possible.

In terms of trading Hang Seng Index futures, in addition to customers having sufficient margin for holding positions, the company only allows customers to conduct “same day fresh” trading, that is, customers need to close their positions on the same day and cannot wear open positions overnight. Submit before 4:15 pm on the trading day. If it is not processed before the above deadline, the company will be forced to close the position.

If you have any questions or assistance, please contact the responsible broker or call the switchboard at (852)-3405-7388 for related matters.

Sincerely,

TC Concord Securities Limited