ASIAN FUTURES: Hong Kong Mercantile Exchange's new contract will bridge global and Chinese copper markets

The 5-tonne copper contract that the Hong Kong Mercantile Exchange (HKMEx) plans to launch soon is generating strong interest in Hong Kong, mainland China and western commodity trading centres for a host of reasons, executives at the exchange told Metal Bulletin.

The contract, which will launch over the next few months pending regulatory approval, will trade in renminbi and be margined and settled in dollars, “is a unique way of tapping into...

Published

April 26, 2012

10:32 GMT

London