Dow Jones futures to launch in Hong Kong and Tokyo

Futures contracts based on the Dow Jones Industrial Average will begin trading in May and July.

May 6th is the day that futures contracts based on the Dow Jones Industrial Average DJIA will begin trading on the Stock Exchange of Hong Kong. The contracts will be priced in Hong Kong dollars based on the formula of the underlying multiplied by HK$10. The market maker for the contracts will be Timberhill.

James Barringer, Asia Pacific regional director for Dow Jones Indexes, confirms that all the necessary approvals have been granted. The firm is awaiting approvals...

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