The Securities and Futures Commission (SFC) announces that enhancements to the position limit regime, including introducing various excess position limits and raising the statutory position limit for stock options contracts, will come into operation on 1 June 2017, the commencement date of amendments to the Securities and Futures (Contracts Limits and Reportable Positions) Rules.
Market participants may refer to the press release issued on 21 March 2017 for details.
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Note:
- On 21 March 2017, the SFC published conclusions to a consultation to enhance the position limit regime.
