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Hong Kong exchange operator suspends derivatives trading

Hudson Lockett and Daniel Shane in Hong Kong

Hong Kong's exchange operator suspended trading on its derivatives market on Thursday amid trading disruptions for options and after volumes for some futures contracts in the territory dropped precipitously. Hong Kong Exchanges and Clearing said in a statement that “due to prolonged connectivity issues” with its futures trading system, it had suspended trading of derivatives from 2pm local time “to preserve an orderly market”. HKEX said its derivatives clearing system would remain open for the afternoon and that other markets remained “fully operational”.