New York Board of Trade launched four new currency options contracts on its Finex division on 7 November. The new contracts are based on the Hungarian Forint (US Dollar-Forint and Euro-Forint) and the Czech Koruna (US Dollar-Koruna and Euro-Koruna) and complement the futures contracts based on the same four currency pairs launched in September.
Hong Kong Exchanges and Clearing (HKEx) will give brokers HK$2.50 (US$0.32) for each H-Shares index futures contract traded by their clients up to March 2004. The contract will be launched on 8 December and is based on an index of China-related companies listed on the HKEx. A HK$1 Securities and Futures Commission (SFC) Levy will also...