Hong Kong Exchange Plans Contract Similar to Chicago Mercantile's 'Rolling Spot'
EXCHANGES
The Hong Kong Futures Exchange is planning a look-alike foreign currency contract similar to the Chicago Mercantile Exchange (CME) 'rolling spot' future, a Hong Kong exchange official says.
The official agrees that the contracts will be similar to the CME's 'rolling spot' and to another look-alike, the Singapore International Monetary Exchange (Simex) 'deferred spot' currency contract launched last year, but says Hong Kong's specifications are subject to further amendments. She declines to
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