Futures Contract

China to trade short-grain rice futures

China is the world's largest producer and consumer of rice. Photo: Xinhua

China, the world’s top rice producer and consumer, will start trading futures next week for short-grain rice on the Zhengzhou Commodity Exchange, the bourse said.

Wednesday, 13 November, 2013, 2:43pm

Value of contracts in dispute falls

The average value of contracts in dispute in Asia's construction industry fell by 17.7 per cent to US$53.1 million last year, from US$64.5 million in 2010, consultancy EC Harris says.

Worldwide, the average value of construction contracts in dispute fell to US$32.2 million, from US$35.1 million in 2010, the company said in a report.

30 May 2012 - 12:00am

How a bank's hedge became a US$2b loss, and why it can happen again

While everyone in the East has been mesmerised by the Bo Xilai mystery, another enigma has been unravelling out West, involving a London whale. JPMorgan Chase this month announced trading losses of US$2 billion and the resignation of the head of its chief investment office.

26 May 2012 - 12:00am

HKEx's fling with BRICS won't woo local investors

As befits a blossoming love affair, Hong Kong Exchanges and Clearing and its latest darling, the BRICS Exchange Alliance, cannot get enough of each other. The HKEx and the four bourses that make up the alliance will launch their first product at the end of this month, only five months after the union was formed.

20 Mar 2012 - 12:00am

Smart money

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27 Feb 2012 - 12:00am

Volatility product fails to attract investors on debut

The debut of Asia's first futures product on volatility, the Hang Seng Index Volatility Index futures, was cold-shouldered by investors yesterday, trading only 15 contracts.

Just 13 exchange participants took part in the trading of the product, including both institutional and retail brokers.

21 Feb 2012 - 12:00am

Regulator boldly flies blue-chips flag

When Guo Shuqing talks, the markets listen.

In an apparent effort to set off a flurry of A-share buying, the China Securities Regulatory Commission chairman promised an annualised 8 per cent return if investors snapped up the mainland's blue chips.

20 Feb 2012 - 12:00am

Mainland bond future simulations to start soon

The mainland has taken a big step towards relaunching government bond futures, kicking off simulated trading of the derivative just one month after the securities regulator announced plans to introduce more futures contracts to the market.

10 Feb 2012 - 12:00am

Golden age for smart investors

When investors ask if gold will hold its value, the answer is clearly 'yes' if we study the views of certain respected experts. Homer, for instance, in his Iliad and Odyssey, written perhaps 3,000 years ago, describes gold as the glory of the immortals and a sign of wealth among ordinary humans.

28 Nov 2011 - 12:00am

MF Global's Asian units may be sold separately

The provisional liquidators of MF Global's Hong Kong business are looking at selling off the Asian units of the collapsed US brokerage separately, rather than as a package.

12 Nov 2011 - 12:00am

Shanghai firm in price-cutting ploy

A developer in Shanghai has priced the flats at its new project below cost and offered to make up the difference if prices drop, more proof of the growing desperation of mainland developers as credit tightens and demand dries up.

4 Nov 2011 - 12:00am

Future HOS buyers may be charged interest

Future buyers under the resurrected Home Ownership Scheme may be charged interest on the subsidies they receive from the government.

This was the majority view that emerged in the Housing Authority, which met yesterday to discuss the housing scheme announced by Chief Executive Donald Tsang Yam-kuen in his policy address two weeks ago.

28 Oct 2011 - 12:00am

HKEx night trade plan draws critics

A proposal from the stock exchange to extend trading hours for the futures market reveals divided opinions between large and small brokers.

While small brokers are strongly opposed to the plan to introduce evening sessions of futures trading, larger players welcome the move and say Hong Kong has for too long lagged behind in taking the step.

25 Jul 2011 - 12:00am

New world breaks for brokers

A whole array of questions has been raised since the announcement that the lunch break at the Hong Kong Exchanges and Clearing (HKEx) will be shortened to one hour from March next year, despite robust opposition from some local brokers and professional organisations.

9 Jul 2011 - 12:00am

Penalties debated for proposed flat offences

The steering committee studying proposed laws to regulate the sale of new flats should have its draft report ready by the end of August.

29 Jun 2011 - 12:00am