Compliance Bulletin (Issue No. 7) – (1) Block Trade Execution, (2) Large Open Position (“LOP”) Reporting Procedures for Derivatives Holiday Trading, and (3) Standard Penalties under HKEX Rules

The Exchange has released a Compliance Bulletin to promote transparency and a compliance culture in the marketplace. The bulletin covers common deficiencies and good practices observed in block trade execution, as well as reminders on LOP reporting requirements for Derivatives Holiday Trading and standard penalties under HKEX Rules. The goal is to improve industry understanding of the Exchange’s enforcement work and regulatory expectations.

resource: https://www.hkex.com.hk/-/media/HKEX-Market/Services/Circulars-and-Notices/Participant-and-Members-Circulars/SEHK/2023/2023-Q1-Compliance-Bulletin_Eng.pdf

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