Updated : 17 Mar 2021
Alex Siu_Head
2020 was a year of breakthroughs for Hong Kong’s equity derivatives market. Step-by-step we are diversifying our derivatives offerings. Thank you to our market makers and exchange participants, who have been supporting our product launches from day one. Congratulations too, to all the winners!
Alexander Siu
Head of Equities Derivatives Products
HKEX

2020 has been a landmark year for HKEX’s equity derivatives suite – we launched the broadest MSCI derivatives suite in Asia and the world’s first exchange-traded Hang Seng TECH index futures. Momentum has been going strong since the products launched, thanks to the continued contributions of our market participants!

To recognise the top performing market participants in the Hong Kong derivatives market, HKEX has organised the Equity Derivatives Awards once again this year. Please see the full list of winners below:

Award categories and winners (in alphabetical order):

Top 3 Active Exchange Participants in Equity Index Futures

Top 3 Exchange Participants1 based on total trading volume of Equity Index Futures from 2 January 2020 to 31 December 2020, excluding Market Makers or Liquidity Providers.

  • ABN AMRO Clearing Hong Kong Limited
  • G. H. Financials (Hong Kong) Limited
  • SG Securities (HK) Limited

Top 3 Active Exchange Participants in Equity Index Options

Top 3 Exchange Participants1 based on total trading volume of Equity Index Options from 2 January 2020 to 31 December 2020, excluding Market Makers or Liquidity Providers.

  • SG Securities (HK) Limited
  • T.F.S. Derivatives HK Limited
  • Vantage Capital Markets HK Limited

Top 3 Active Exchange Participants in Stock Futures

Top 3 Exchange Participants1 based on total trading volume of Stock Futures from 2 January 2020 to 31 December 2020, excluding Market Makers or Liquidity Providers.

  • Bright Smart Futures & Commodities Company Limited
  • CITIC Futures International Company Limited
  • I-Access Investors Limited

Top 3 Active Exchange Participants in Stock Options

Top 3 Exchange Participants1 based on total trading volume of Stock Options from 2 January 2020 to 31 December 2020, excluding Market Makers or Liquidity Providers.

  • Bright Smart Securities International (HK) Limited
  • Futu Securities International (Hong Kong) Limited
  • Sunrise Brokers (Hong Kong) Limited

Top 3 Active Exchange Participants in Weekly Index Options

Top 3 Exchange Participants1 based on total trading volume of Weekly Index Options from 2 January 2020 to 31 December 2020, excluding Market Makers or Liquidity Providers.

  • Bright Smart Futures & Commodities Company Limited
  • Interactive Brokers Hong Kong Limited
  • Morgan Stanley

Top 3 Active Traders in Futures3

Top 3 Active Traders2 based on the number of HKEX-listed Equity Futures for which they provide liquidity from 2 January 2020 to 31 December 2020.

  • SG Securities (HK) Limited

Top 3 Active Traders in Options

Top 3 Active Traders2 based on the number of HKEX-listed Equity Options for which they provide liquidity from 2 January 2020 to 31 December 2020.

  • IMC
  • Interactive Brokers Hong Kong Limited
  • Optiver

Top 3 Active Traders in Futures – After-Hours Trading3

Top 3 Active Traders2 based on the number of HKEX-listed Equity Futures for which they provide liquidity in the after-hours trading session from 2 January 2020 to 31 December 2020.

  • SG Securities (HK) Limited

Top 3 Active Traders in Options – After-Hours Trading

Top 3 Active Traders2 based on the number of HKEX-listed Equity Options for which they provide liquidity in the after-hours trading session from 2 January 2020 to 31 December 2020.

  • Bright Smart Futures & Commodities Company Limited
  • IMC
  • Optiver

1Participants defined as all exchange participants except participants in market maker and liquidity provider schemes.

2Active Traders defined as all trading firms participating or not participating in liquidity provider schemes.

3Some winners wish to remain anonymous.