HKEx to list flexible options, says chairman Arculli

As efforts in the US seek to move derivatives trading from over-the-counter markets onto exchanges, Hong Kong is also looking at ways to improve transparency and reduce counterparty risk. Hong Kong Exchanges and Clearing (HKEx) intends to introduce listed equity options with flexible payment structures by the end of the year, said HKEx chairman Ronald Arculli last week at a conference on market infrastructure organised by Citi. Arculli cites US efforts to standardise credit-default …