Hong Kong Exchanges and Clearing (HKEx) has added two contract months to its dividend futures. The December 2014 and December 2015 contract months of HSI and HSCEI dividend point index futures will become available for trading from September 12.

HKEx will require the three existing market makers for dividend futures to provide bid-ask quotes on all available contract months, including the new contract months, in line with the current market-making obligations. The move will provide market participants more choices on the contract term and allow them to manage longer term dividend exposure.

Click here for the release from Hong Kong Exchanges and Clearing.