Hong Kong Exchanges & Clearing Ltd. is planning to introduce zero-days-to-expiry
(0DTE) options on the Hang Seng Index in Q1 2027, according to people familiar
with the matter. The contracts, which expire within a day, allow traders to make
short-term and intraday bets on market moves, volatility, and data releases.
0DTE options, introduced in the US in 2022, now account for over half of S&P 500
options volume. The move comes as HKEX seeks to expand derivatives trading and
compete more aggressively, following its 2024 rollout of weekly contracts on the
Hang Seng Tech Index and selected single stocks.