HKEx chairman says exchange will list flexible options

09/25/2009 |

To limit counterparty risk and bolster transparency, Hong Kong Exchanges and Clearing plans to list index options that will allow some flexibility, said HKEx Chairman Ronald Arculli. Citing efforts by US officials to standardise over-the-counter derivatives contracts and route them through a central clearinghouse, Arculli said Asian exchanges should host similar transactions.

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