FIA has submitted its response to HKEX’s Proposal on Severe Weather Trading of Hong Kong Securities and Derivatives Markets. FIA expresses its full support for the proposal and highlights that adequate settlement bank support, full capacity operations, ETD vendor participation and give-up processing should be in place to ensure the initiative's success.
FIA also agrees that participants should be given a minimum lead time of six months to fully prepare for the necessary development, testing, and implementation of SWT.
Read the response in full.
