HKEX rolls out six new dollar-denominated base metals mini contracts

Hong Kong Exchange (HKEX) introduced six new dollar-dominated base metals mini contracts on Monday August 5 to provide more convenient arbitrage or hedging tools and a lower trading threshold for investors globally.

The aluminium, zinc, copper, nickel, tin and lead contracts are cash-settled against the LME closing price of the third Wednesday of the spot month and trade on a monthly basis. There were five lots of nickel open interest listed on...


Ellie Wang

August 06, 2019

09:11 GMT