Nothing but China ?

Discussion in 'Trading' started by syswizard, Jun 1, 2015.

  1. luisHK

    luisHK

    There are very liquid China Etfs listed in Hong Kong, but not sure they are shortable.
    There might be some futures there as well, the HKSE is accesible through IB.

    You can find theETF listing an their volume on the HKEX website, below, the information about shorting is probably there as well.

    https://www.hkex.com.hk/eng/prod/secprod/etf/etfmain.htm
     
    #11     Jun 1, 2015
  2. loyek590

    loyek590

    yes, that is what I have found. very few if any etfs USA or Hong Kong are shortable, but the big long only China etf may have options.
     
    #12     Jun 1, 2015
  3. I just discovered this: The CBOE has both MCHI and FXI options....but only FXI is really liquid.
     
    #13     Jun 1, 2015
  4. Nice to know...thanks for that.
     
    #14     Jun 1, 2015
  5. eurusdzn

    eurusdzn

    FXP is a 2X levered, inverse of the Shanghai 50 index etf, FXI.
    Somewhat thin at approx 200k /day volume recently and most movements are gaps
    to adjust yesterdays price to the overnight(US) China session.

    1% of avg daily volume is about 2000 shares , $50k x 2 = $100k.
    The FXI etf has a 47% weight in the financial sector alone so this may serve well during crisis.
    The problems of 2x inverse etfs may, or may not compare well to options decay. Dunno.

    And, yes mini Hang Seng (very small) and Hang Seng index are available to little
    IB retail customers like myself, and is settled in Hong Kong dollars. A few years ago the data feed was five bucks/ month. The 1st half of the trading day in Hong Kong was around 8pm -11pm EST. followed by a 90 minute trading halt for lunch.
     
    Last edited: Jun 1, 2015
    #15     Jun 1, 2015
    xandman likes this.
  6. Thanks for that eurusdzn.....
    I wonder how the mini Hang Seng trades movement-wise as compared to the S&P 500 ?
    I take it the volume is pretty high ?
     
    #16     Jun 1, 2015
  7. eurusdzn

    eurusdzn

    You know, all i can remember after a few attempts to "day trade" the mini Hang Seng
    in the evening is that I cannot day trade.
    But seriously, i do remember the mini Hang Seng to be volatile and somewhat thin.
    It seemed to me to move more like CL rather than ES and to be entirely gamed rather than to trade on companies or fundamentals. When everyone said "go" momentum would explode.
    Patience, and or stop order entries with limits may sweep one into a nice move.
    I dont know if it is available in IB sim (to watch it a little) or if the feed is needed and what
    It presently costs.
    I do wonder why an effective day trader would not be interested in an evening session and
    not pursue this.
     
    #17     Jun 1, 2015
  8. i960

    i960

    Myself, as well, I never figured out how to trade MHI or HSI. They don't seem to move with any "normal" or reasonable price action and resemble the DAX after a few hits of acid.

    The only time I didn't lose money was trading MHI/MCH.HK spreads.
     
    #18     Jun 2, 2015
  9. promagma

    promagma

    Look into the difference between the share classes (A, B, H and so on), and the fact that right now there is a big disconnect in valuations. ASHR is an ETF for A-shares, more of a pure play for China, and is optionable.
     
    #19     Jun 2, 2015
  10. you can trade SGX FTSE China A50 Index Futures is very liquid 300000 and more contracts a day
     
    #20     Jun 2, 2015