Hong Kong Exchanges and Clearing Limited's (HKEx) Mini-HSI Futures contract debuted today (Monday) with trading volume of 986 contracts.

"The Mini-HSI Futures contract is off to a good start," said Frederick J. Grede, HKEx's Chief Operating Officer. "And we are pleased with today's trading volume. It suggests there's strong investor interest in the mini contract and a definite need for such a product here in Hong Kong."

Mr. Grede added HKEx would continue to stress that investors must understand the mechanics of the futures market and the potential risks before buying or selling Mini-HSI Futures contracts. "We want investors for the long term," he said.

The Mini-HSI Futures contract, which is one-fifth the size of the HSI Futures contract, was introduced to meet the needs of individual investors and to provide HSI Futures market participants with a tool for fine-tuning their trading and hedging activities.

© Copyright 1996-2006 irasia.com Ltd. All rights reserved. Tel: (852) 2831-9792.

DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website. TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website.