Article: HKFE: Hang Seng Properties Sub-index Options and Hang Seng Properties Sub-index Futures introduced.

M2 PRESSWIRE-5 May 1999-HKFE: HKFE to introduce Hang Seng Properties Sub-index Options and re-introduce Hang Seng Properties Sub-index Futures (C)1994-99 M2 COMMUNICATIONS LTD

RDATE:050599

The Hong Kong Futures Exchange (HKFE) said today that Hang Seng Properties Sub-index (PSI) Options will be introduced for trading on 9 June 1999 on HKATS (Hong Kong Futures Automated Trading System) and PSI Futures will be re-introduced on HKATS on the same date. The PSI tracks the performance of the 12 property-related stocks in the Hang Seng Index.

MeesPierson Futures Clearing Services (Asia) Ltd., Phillip Commodities (H.K.) Ltd., and Timber Hill Hong Kong ...

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