Mon, Feb 18, 2013 - Page 14 News List

[ BUSINESS BRIEFS ]

Staff writers, with Agencies

Trading hours extended

Hong Kong Exchanges & Clearing Ltd, the world’s largest exchange company by market value, said it received regulatory approval to start after-hours futures trading and will begin the service on April 8.

Hang Seng Index and H-shares Index futures will be available for trading from 5pm to 11pm from the date, in addition to regular hours, the bourse said in a statement on Thursday. Gold futures will also be considered for inclusion at a later stage, it added.

The extended hours will help attract more European and US investors to the territory’s derivatives market and it will also allow market participants to hedge and adjust positions when news breaks in European and US hours, according to the statement.

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