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.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media