Hong Kong Mercantile Exchange wins SFC approval

Gold futures are set to start trading in Hong Kong next month after a two-year delay.
Barry Cheung, HKMEx chairman
Barry Cheung, HKMEx chairman

More than two years after it was first promised, the Hong Kong Mercantile Exchange (HKMEx) is finally set to start trading after winning authorisation from the SFC yesterday. The first gold futures contracts will change hands on May 18, 2011.

¬ Haymarket Media Limited. All rights reserved.

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