HIBOR Futures definition

HIBOR Futures means any Hong Kong Interbank Offered Rate futures which are from time to time traded on the HKFE.
Sample 1Sample 2Sample 3
HIBOR Futures means any Hong Kong Interbank Offered Rate Futures which are from time to time traded on the Exchange.
Sample 1

Examples of HIBOR Futures in a sentence

  • Note: In the event the Pre-Market Opening Period applies to any HIBOR Futures Contract, the Pre-Market Opening Period for that HIBOR Futures Contract will commence thirty (30) minutes before the indicated time of resumption of trading.

  • An Order resident on the Central Orderbook for a HIBOR Futures Contract will be canceled upon the suspension of trading in that HIBOR Futures Contract.

  • A THEA registrar will attend the division meetings and be available to answer questions the drivers may have.

  • Notification of a suspension of trading in a HIBOR Futures Contract will be made on the HKATS Market Message display window.

  • An Order in a HIBOR Futures Contract may be entered into HKATS only during the trading hours and, where applicable, the pre-opening session (in respect of Limit Orders and Auction Orders) and the pre-open allocation session (in respect of Auction Orders only) of the Pre-Market Opening Period for the HIBOR Futures Contract.

  • An Exchange Participant’s application for a Market Maker permit in the One- Month HIBOR Futures Contract and/or the Three-Month HIBOR Futures Contract shall be made in writing to the Exchange.

  • An Exchange Participant must be approved by the Exchange to trade HIBOR Futures Contracts through HKATS.

  • A Market Maker in the One-Month HIBOR Futures Contract or the Three- Month HIBOR Futures Contract shall be entitled to pay a reduced Exchange Fee of an amount specified in Appendix B on transactions effected in the One- Month HIBOR Futures Contract or the Three-Month HIBOR Futures Contract.

  • Notification of the resumption of trading in a suspended HIBOR Futures Contract will be made on the HKATS Market Message display window not less than ten (10) minutes, or such shorter period as the Chief Executive may determine, prior to the resumption of trading in that HIBOR Futures Contract.

  • Upon granting a Market Maker permit in the Three-Month HIBOR Futures Contract and any subsequent approval thereunder, the Exchange shall assign the Market Maker (itself if applicable and each of its market making arrangements if any) with the spot contract month plus not less than the first four (4) quarter contract months in the Three-Month HIBOR Futures Contract.

Related to HIBOR Futures

  • Three-Month LIBOR means the rate (expressed as a percentage per annum) for deposits in United States dollars for a three-month period commencing on the first day of a Dividend Period that appears on the Reuters Screen LIBOR01 Page as of 11:00 a.m. (London time) on the LIBOR Determination Date for that Dividend Period. If such rate does not appear on Reuters Screen LIBOR01 Page, Three-month LIBOR will be determined on the basis of the rates at which deposits in United States dollars for a three-month period commencing on the first day of that Dividend Period and in a principal amount of not less than $1 million are offered to prime banks in the London interbank market by four major banks in the London interbank market selected by the Calculation Agent (after consultation with the Company), at approximately 11:00 a.m., London time, on the LIBOR Determination Date for that Dividend Period. The Calculation Agent will request the principal London office of each of such banks to provide a quotation of its rate. If at least two such quotations are provided, Three-month LIBOR with respect to that Dividend Period will be the arithmetic mean (rounded upward if necessary to the nearest whole multiple of 0.00001%) of such quotations. If fewer than two quotations are provided, Three-month LIBOR with respect to that Dividend Period will be the arithmetic mean (rounded upward if necessary to the nearest whole multiple of 0.00001%) of the rates quoted by three major banks in New York City selected by the Calculation Agent (after consultation with the Company), at approximately 11:00 a.m., New York City time, on the LIBOR Determination Date for that Dividend Period for loans in United States dollars to leading European banks for a three-month period commencing on the first day of that Dividend Period and in a principal amount of not less than $1 million. However, if fewer than three banks selected by the Calculation Agent to provide quotations are quoting as described above, Three-month LIBOR for that Dividend Period will be the same Three-month LIBOR as determined for the previous Dividend Period or, in the case of the Dividend Period beginning on April 30, 2018, 2.920%. The determination of Three-month LIBOR for each relevant Dividend Period by the Calculation Agent will (in the absence of manifest error) be final and binding.