10 years agoSydney's SPI reduction proves popularThe reduction of Sydney Futures Exchange Share Price Index to $25 per index point (from $100 per point) has been deemed a success, according to SFE ceo Les Hosking.Since the 11 October reduction, SPI futures volumes have been averaging 8-10,000 contracts per day, a five-fold increase over the 2,000 contract daily average...