HKEX and HKMA Launch Pilot Project to Enable Digital Payment Solution for Derivatives After-Hours Trading

On 18 June, HKEX and HKMA launched a joint pilot using round-the-clock wholesale CBDC e-HKD for derivatives after-hours trading margin payments, lifting the 3 p.m. submission cutoff to boost after-hours risk management and operational efficiency. Clearing participants may join optional real-value trials pending regulatory approval. Amid surging local derivatives trading volumes, the scheme upgrades financial infrastructure and solidifies Hong Kong’s international financial hub status, with full details released on HKEX’s website. Source: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2026/06/20260618-8/