Hong Kong exchange halts derivatives trading after technical hitch

Hong Kong's exchange operator had to suspend trading of derivatives at 2pm on Sept 5 because of connectivity issues. Transactions of futures contracts shrank by 70 per cent in morning trading with a sharp drop-off from around 9.30am, local time. The Hang Seng Volatility index, which tracked the expected volatility of the benchmark stock index based on options trading, was completely flat.

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[oterenceo]

To all the Western hedge funds who shorted HK via futures, Good Luck! This is a warning for you. HK can play punk too! All it takes is something like this to totally mess up your entries and exits. A little glitch here and there to throw a monkey wrench into the works.