Hong Kong Weighs Longer Derivatives Trading Hours, Spot Market Paper Due in Q4
- —SFC is weighing longer trading hours for the derivatives market first
- —Settlement could use tokenized money and the digital Hong Kong dollar
- —A consultation paper on extending spot market hours is due in Q4
- —Earliest implementation is Q4 2027, with spot moving from T+2 to T+1
Why it matters: Using tokenized money and the digital Hong Kong dollar for settlement marks a step toward institutional blockchain use in TradFi.
Source: TokenPost