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Non-collateralised Structured Products
以目前恒生指數期貨(大期)50港元一點計，計算恒指牛熊證相對期指的對沖張數的公式如下:
舉例說，如某恒指牛證的街貨為100,000,000份，換股比率為10,000，相關期指對沖張數為：
100,000,000 ÷ 10,000 ÷ 50 = 200張。
如另一恒指熊證的街貨為300,000,000份，換股比率為12,000，則期指對沖張數為：
300,000,000 ÷ 12,000 ÷ 50 =500 張。
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