54 per contract; and the Commission Levy for buyers and sellers of Mini Hang Seng Index Futures
, Mini H-shares Index Futures, Mini Hang Seng Index Options and Stock Futures contracts will be reduced from $0.
8% on a mix of factors including strong performance in Chinese insurers due to solid premium growth in June, rising rail stocks on expectations for more government investment, as well as stop losses triggered on Hang Seng index futures
contracts at the 19,200 level.
Trading of Hang Seng index futures
on the Singapore International Monetary Exchange marked the official start of hostilities, said IDEA senior economist Ms Jacqueline Ong.
True to form, SIMEX is going to offer trading in the new index with lower commissions and smaller fees than Hong Kong traders pay to trade Hang Seng index futures