Hong Kong Exchanges and Clearing Limited (HKEx) has appointed the following liquidity providers for the BRICS futures contracts that will begin trading on its derivatives market on Friday, 30 March 2012.
Futures Contract |
Liquidity Provider |
IBOVESPA Futures |
Newedge Financial Hong Kong Ltd |
MICEX Index Futures |
Newedge Financial Hong Kong Ltd |
Sensex Index Futures |
IMC Asia Pacific Limited |
Liquidity providers will be required to provide continuous quotes, with designated percentage of the trading hours in a calendar month, good for at least five contracts on each side in all listed contract months.
Please see the HKEx news release issued on 14 March 2012 for details on the BRICS Futures.