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Contract Size of HK50 (Hang Seng Index) will be changed
Valutrades will make a change to the Contract Size of HK50 (Hang Seng Index).
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Contract Size of HK50 will be changed
In the aim to continuously improve the services and offerings, Valutrades will be changing the contract size of the HK50 index from 10 to 100.
This means that 1 lot of HK50 will now equal 100 contracts.
This will also adjust the commission charged on the value of one lot to match Valutrades’s other index CFDs.
Please be advised that this change will occur over the weekend of the 28th of November.
HK50 will be set to “Close Only” from 17:30 platform time on 27th November so as to prevent complications with pending orders and opening new orders.
Your open orders will update automatically to the new contract size over the weekend.
Pending orders will be deleted after 17:30 platform time on 27th November so please reinstate your pending orders after Market Open on 30th November, when the “Close Only” setting will be removed.
Go to Valutrades Official Website
What is HSI (HK50)?
Valutrades offers HSI (HK50) as a physical CFD.
Valutrades’ physical CFDs are non-deadline transactions aimed at reproducing the physical prices of the underlying financial stocks, and interest rates are settled.
HSI (HK50), the Hang Seng Index, reflects the day-to-day trends of the top 50 stocks listed on the Hong Kong Stock Exchange (HKEx), the second-largest stock exchange in Asia (sixth in the world), a market value-weighted average stock index has been used since the year 1969.
HSI (HK50) is a key indicator of the overall trend of the Hong Kong market, and its adopted stocks are said to account for about 60% of the market capitalization of Hong Kong stocks.
HSI (HK50) utilizes the Hang Seng Classification System, a comprehensive system specially designed for the Hong Kong Stock Exchange, to apply strict recruitment criteria.