HKEx says new yuan-based metals futures 'work'

Hong Kong Exchanges and Clearing (HKEx) believes early trading of its London mini futures demonstrates that the platform works and there is demand for a Chinese-currency product.

The 5-tonne, yuan-denominated contracts in copper, aluminium and zinc started trading on Monday. Open interest by the end of Thursday was at 1,317 contracts for copper, 220 contracts for aluminium, and...

Published

Shivani Singh

December 05, 2014

05:44 GMT

Singapore