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Hong Kong Exchange to roll out 3 more LME metal mini futures-The 17th China(Guangzhou)Int’l Metal &Metall
urgy Exhibition
11/5/2015 Metal & Metallurgy expo |
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Reuters reported that Hong Kong''s stock exchange will introduce London Nickel Mini Futures, London Tin Mini Futures and London Lead Mini Futures contracts for trading in its derivatives market in December. The minis are aimed at Chinese retail investors, mostly wealthy individuals, who account for the majority of trading on Chinese exchanges.
Hong Kong Exchanges and Clearing Ltd said in a statement “The new contracts will trade in China''s renminbi and complement the RMB-traded London Aluminium Mini Futures, London Zinc Mini Futures and London Copper Mini Futures contracts introduced last year.”
The trading of the three new London Metal Mini Futures in Hong Kong''s derivatives market will start on 14 December 2015
Nickel and tin will be one tonne contracts compared with six and five tonnes respectively on the London Metal Exchange. The lead contract will be five tonnes compared with 25 tonnes.
The London Metal Exchange is owned by Hong Kong Exchanges and Clearing.
金属展-冶金展-2016广州金属暨冶金工业展览会-亚洲最大金属冶金展-巨浪展览 -metal&metallurgy-The
17th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
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