HKFE to Suspend Trading of its Gold Futures
Hong Kong Futures Exchange Limited, a wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), is suspending trading of its Gold Futures after the market close today (Friday).
As of today’s market close, there were no contract months with open interest.
The decision was made after a recent review of the product, in view of a change in the London gold pricing mechanism effective on 20 March 2015.
HKEx will review its precious metals strategy from a group perspective and redesigned gold futures contracts may be added to the HKEx Group’s product list in the future.
Source: Hong Kong Exchanges and Clearing Limited (HKEx)
