The Hong Kong Mercantile Exchange's failure to come up with a viable gold futures business proved to be its undoing as it wilted under competition from more established domestic and international exchanges, market participants say.Monday, 20 May, 2013, 4:18am
It looks as if the 20 per cent fall in the price of gold over the past six months has put the Hong Kong Mercantile Exchange out of its misery.20 May 2013 - 4:18am 1 comment
Dubai Mercantile Exchange (DME) is hoping to increase the participation of mainland and Asian lenders in financing trade in its Oman oil futures contract.22 Apr 2013 - 2:50am
Beijing is preparing to officially launch government bond futures after a successful simulated-trading experiment, in a move towards liberalising the interest-rate mechanism.17 Jan 2013 - 4:22am
The mainland may let foreign funds trade stock index futures, the China Securities Journal reported.21 Dec 2012 - 3:46am
The Dalian Commodity Exchange, one of the mainland's three main futures exchanges, is urging Beijing to allow the establishment of commodity futures funds in an attempt to draw more institutional investors into the country's burgeoning futures market.8 Mar 2008 - 12:00am
Judge endorses exoneration of suspect in case brought by securities regulators
Securities regulators have failed to reverse a decision to acquit a futures trader for a commodities offence likened to 'a bit like trying to sell drugs in front of a policeman'.10 Aug 2005 - 12:00am
The Securities and Futures Commission suspended the licences of a foreign exchange trader and a dealer yesterday. The SFC announced a three-year suspension of Tse Hon-pan's leveraged foreign exchange trader's representative licence. It said Mr Tse was guilty of misconduct and 'his fitness and properness had been seriously called into question'.28 May 2002 - 12:00am
The Securities and Futures Commission has taken disciplinary action against a foreign exchange trading company for allowing clients to trade on the illegal futures markets in Macau.12 Mar 2002 - 12:00am
The Securities and Futures Commission (SFC) has suspended the licences of three former futures traders at Deutsche Futures Hong Kong and a former employee at Megabase Futures for rat-trading activities two years ago.25 Jul 2000 - 12:00am
CRUDE Simex Brent futures in Asia were quoted firmer in late trading yesterday, extending Friday's price rise in London.
December Brent on Simex was last quoted at US$22.50-$22.68 a barrel. No business was transacted. On London's IPE on Friday, the contract had ended 61 cents higher at $22.50.19 Oct 1999 - 12:00am
Futures traders have been asked to attend a briefing tomorrow on the coming simulation tests by the Hong Kong Futures Exchange to ensure the tests will run smoothly.
The futures exchange has scheduled two more full simulation tests for its new electronic trading system - Hong Kong Automated Trading System (HKATS) - at the request of the Securities and Futures Commission.18 Aug 1999 - 12:00am
The futures exchange has warned members not to ignore guidelines during today's final test before Hang Seng Index futures shift to electronic trading.
Exchange vice-chairman Bill Kwok and chief executive Randy Gilmore told members in an emergency meeting they could be penalised for entering too many orders during the trading simulation.24 Jul 1999 - 12:00am
The Securities and Futures Commission has suspended the licence of Ma Mui-kuen as a representative of a leveraged foreign exchange trader for six months from April 6.
Ms Ma, a responsible director of CA Pacific Forex, aided and abetted unlicensed staff in leveraged foreign exchange trading from January 13, 1997 to February 20.10 Apr 1998 - 12:00am
Two directors of Canwell Forex International received suspended sentences for submitting false bank account information that allowed them to obtain a trading licence from the Securities and Futures Commission.
Deputy Judge Stephen Geiser jailed Cheng Chi-sin and Lam Shu-man for six months suspended for 18 months.4 Apr 1998 - 12:00am