Options move successful

PUBLISHED : Tuesday, 07 August, 2001, 12:00am
UPDATED : Tuesday, 07 August, 2001, 12:00am

Hong Kong Exchanges and Clearing has moved the 46 types of stock options to be traded on the Futures Automated Trading System. Before the move, the stock options were traded on an independently run Traded Option System. The integration will increase efficiency and save money. The exchange said it also wanted to merge the clearing and settlement system for futures and options products into one system in the second quarter of next year.