Incentive Programme - To encourage early individual investor participation in the market, a $50 supermarket gift coupon will be awarded to the buyers and/or sellers of each of the first 800 H-shares Index Futures contracts traded through Futures Exchange Participants' client accounts, excluding Block Trades and Average Price Trades.
Reward Programme - To encourage Futures Exchange Participants to promote the new product, Participants will receive $2.5 for each H-shares Index Futures contract traded via their client accounts between 8 December 2003 and 7 March 2004.
In addition to the marketing initiatives, the Securities and Futures Commission (SFC) will waive the SFC Levy from 8 December 2003 to 7 June 2004 to support the development of the H-shares Index Futures market. The SFC Levy per H-shares Index Futures contract per side is $1.