“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.
