Future H-share volatility optional

Hong Kong Exchanges and Clearing chief executive Paul Chow Man-yiu toasts the launch of H-share index options yesterday with exchange division head Gerald Greiner (left) and chief operating officer Patrick Conroy. Mr Conroy said HKEx was working with the Shanghai Futures Exchanges to develop crude-oil futures. He said mainland firms and investors would have a huge need for oil futures contracts in light of the recent volatility in oil prices. HKEx and the Shanghai Futures Exchange would try to build a cross-border platform for mainland and Hong Kong investors to trade oil futures in US dollars in Hong Kong.