Tuesday, January 29, 2013

HKEx evening session worries lawmakers





The local bourse's plan to introduce six-hour evening sessions for futures trading in March has been criticised by lawmakers, while brokers appear divided.


In a special financial affairs panel meeting held yesterday, lawmakers and some brokers expressed concern over Hong Kong Exchanges and Clearing's plan to launch a new six-hour session for three futures products from 5pm to 11pm from March.


The products will be the Hang Seng Index futures, H-share index futures and gold futures.


The extended hours are aimed at enhancing the competitiveness of the local market.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1138263/hkex-evening-session-worries-lawmakers

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