China in hand for CBOE

CBOE Futures Exchange, (CFE) last Friday announced plans to launch a new China index on 18 October.

The new index was created by CBOE itself and is the first US traded China index, although Hong Kong Exchange also offers a Chinese index futures contract. CFE managing director Patrick Fay admitted that not using a brand named product will make marketing and selling the contract more difficult, although CBOE has...