HKEX extends RMB Currency Futures offerings as volume grows

June 7, 2017

HONG KONG – HKEX is extending is after-hours trading of its RMB Currency Futures from July 10, opening at 8.30.am rather than 9.am, with the second session concluding at 1.am rather than 11.45.pm  A second tier to the HKEX money marker programme for its RMB Currency Futures will be introduced from the same date, with the programme then comprising both primary and secondary markers.

HKEX has also extended its fee waiver for cash-settled RMB Currency Futures (EUR/CNH, JPY/CNH and AUD/CNH as well as CNH/USD futures to December 31, 2017.

HKEX’s average daily RMB Currency Futures volume in the first five months of this year was up 30% from the same period last year, and USD/CNH Futures had their second- and third-highest volume yet on May 31 and June l, with more than 8,600 contracts (US$860+ million in notional value) traded each day. www.hkex.com.hk (ATI).