IB: any plan to offer Hang Seng H-financial index futures ?

Discussion in 'Retail Brokers' started by joesan, Apr 3, 2007.

  1. joesan


    Hong Kong Exchanges and Clearing Limited (HKEx) plans to introduce Hang Seng China H-Financials Index (HFI) futures on 16 April this year, is IB going to offer this product ?

    Last time FTSE Xinhua index futures listed by HKFE was a disaster ,hope this time they have done their homework and HFI will be a good baby.
  2. joesan


    What is the symbol of this instrument ? Cannot find HFI in TWS
  3. Not very likely a good product. No sector indicies in the world in the futures world is successful. I'll bet u 10 bucks it will not trade more than a thousand contract by 2008
  4. joesan


    You are probably right, but considering the stake is reasonable, I accept you challenge.

  5. Dec 31st 2007 settlement date. What's the currecy u want it to be in? HKD or USD? I can feel it is some free money.
  6. joesan


    In USD please.

    Feel free to have a drink

  7. joesan


  8. We'll see!
    As far as i remember the FTSE xianhua has a couple hundred when it first launched. It was launched in singapore wasnt it? Not in HK

    Are u in HK?
  9. joesan


    FTSE had a lawsuit with the Shanghai Security Exchange who is its data provider at the time of FTSE Xinhua launch. China planned to launch its own A-share stock index futures contract and did not like an overseas exchange to steal the spotlight. HFI does not has such obstacles. I expect it to be at least much better than FTSE Xinhua.

    I am not in HK, I am in Shanghai, China. Regard payment, can you accept RMB78.00 (equivalent of USD10) in cash cuz I have zero foreign currency except in my IB account.

  10. def

    def Sponsor

    would should have these by tomorrow, HFI.HK
    #10     Apr 17, 2007