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Hong Kong Exchanges and Clearing Limited (HKEx) has registered Getco Asia Pte Ltd as a Liquidity Provider (LP) for its new CES China 120 Index (CES 120) futures.
Getco joins the three LPs registered previously: IMC Asia Pacific Ltd, Newedge Financial Hong Kong Ltd and Optiver Trading Hong Kong Ltd.
LPs are required to provide continuous two-sided quotes for at least 5 contracts in at least the first two contract months with a maximum bid / ask spread of 0.5 per cent of the best bid during at least 70 per cent of all trading hours.
CES 120 futures trading volume rose to 812 contracts today (13 August) from 133 contracts on its first day of trading yesterday (12 August).
Additional information on CES 120 futures is available on the HKEx website.
