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Article: HKEx and FTSE Xinhua Index Sign Agreement for FXI China 25 Futures and Options Contracts.
- Article from:
- PR Newswire
- Article date:
- April 21, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HONG KONG, April 21 /Xinhua-PRNewswire/ -- Hong Kong Exchanges and Clearing Limited (HKEx) and FTSE Xinhua Index Limited (FXI), the leading China index provider established by FTSE Group and Xinhua Finance, today announced they have signed an agreement that will enable HKEx to introduce futures and options on the FTSE/Xinhua China 25 Index (FXI China 25). Trading is scheduled to begin on 23 May.
The FXI China 25, a tradable index designed to serve as a base for derivatives and other financial instruments, tracks the performance of the 25 largest and most liquid Mainland enterprise stocks (H shares and red chips) listed in Hong Kong. Each constituent's weighting ...