Hong Kong Exchanges & Clearing is preparing to introduce zero-day options on the Hang Seng Index as early as the first quarter of 2027, as it looks to capitalise on growing demand for ultra short-dated derivatives, according to a report by Bloomberg.
The proposed contracts – commonly referred to as 0DTE options – would allow investors to take highly tactical positions on intraday market moves, volatility spikes and macro events. The format has gained significant traction in the US since its rollout in 2022, where same-day expiry options now account for a substantial share of S&P 500 options trading volumes.
HKEX’s move reflects a broader effort to deepen its derivatives offering and remain competitive with global exchanges. The bourse has already expanded its suite of weekly options in recent years, including products linked to the Hang Seng Tech Index and a number of single stocks.
While the exchange has previously explored an earlier launch timeline, current plans point to a 2027 debut. HKEX reportedly declined to comment on the initiative.
