Asia needs a super futures contract

Discussion in 'Index Futures' started by Runningbear, May 1, 2003.

  1. Anyone who has looked into trading Asian derivatives markets would probably agree that access and liquidity make many of the current products unattractive.

    Someone needs to create a super Asian index product, that represents the 100 largest companies in the region (Similar to the Eurostoxx 50 product in Europe). It should open about the same time as Tokyo and close at the end on the Hang Seng session.

    Something that will attract massive liquidity and provide an attractive product for the rest of the world to trade. The market is crying out for it.

    Surely Eurex would have more to gain from this type of initiative than trying to enter the developed markets in North America.


    Runningbear
     
  2. def

    def Sponsor

    The exchanges try stuff like this every now and then and they usually fail. The problems seems to be:
    1. Where do they trade?
    2. What currency?
    3. Hours and holidays;
    4. who will initially make markets (retail/institutional flow usually isn't enough to create liquidity).