黄金期货十月二十日登港交所

Gold futures on October 20 received the HKEx

Hong Kong Stock Exchange said yesterday that this year will be October 20 in its subsidiary Hong Kong Futures Exchange to launch gold (209,0.46,0.22%) futures exchange.

Stock Exchange of Hong Kong's gold futures market will be in Hong Kong and international investors are familiar with the London gold standard. Participants is expected to include individuals and institutional investors, gold dealers and banks involved in the gold business and agencies. Asian gold market participants will be able to use Hong Kong Stock Exchange gold futures, according to the Asian business days of local and overseas market trends, to establish or adjust their positions, trading hours on Mondays to Fridays 8:30 to 17:00, no Lunch break.

In accordance with industry practice, the Hong Kong Stock Exchange gold futures will be trading dollars and dollar cash settlement. Exchange Participants must be settled by a U.S. dollar clearing arrangements, may participate in the Hong Kong Stock Exchange's gold futures market. The Stock Exchange of cost per contract of 1.3 U.S. dollars for unilateralism, the first three months would be exempted from the fees, cash settlement for the cost per contract of 1.3 U.S. dollars unilateralism, the Hong Kong SFC will levy of 0.1 per contract unilateralism For the first six months of the sale will be exempt.

In fact, the planned launch gold futures from the Hong Kong Stock Exchange in January this year set the policy direction. In fact, in the last century to 80 during the 1990s, gold futures were also provided by the HKFE. At present the market saw renewed interest in gold investment, re-launch gold futures is in line with the needs of investors.