Tuesday March 12 2019
News Source: Global Exchanges
Focus: Trading Systems and Technology
Type: General
Country: Hong Kong
Link: https://bit.ly/2TxpOs6
On 11th March 2019, Hong Kong Exchanges and Clearing Limited (HKEX) signed a licence agreement with MSCI Inc. (NYSE: MSCI) in order to introduce futures contracts on the MSCI China A Index, subject to regulatory approval and market conditions.
The MSCI China A Index will comprise 4211 large and mid-cap A-shares, on a pro forma basis, accessible via Stock Connect upon the completion of MSCI’s inclusion process in November 2019. The MSCI China A Index will represent the A-share portion of the MSCI Emerging Markets Index.
HKEX will notify the market of the launch date of the new contracts and provide detailed product specifications once the launch date has been determined. For more information please click on the link above.