Securities Market & Stock Futures/Options Markets Phase 1 (1.5-hour lunch break)(effective 7 March 2011) Pre-opening Session (for securities market only): 09:00-09:30 Morning Continuous Trading Session: 09:30-12:00 Afternoon Continuous Trading Session: 13:30-16:00 Index Futures and Options Markets Pre-market Opening Period 08:45-09:15 Morning Continuous Trading Session 09:15-12:00 Pre-market Opening Period 13:00-13:30 Afternoon Continuous Trading Session 13:30-16:15