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HKEX’s Yuan Futures Possibly by Mid 2007

Hong Kong Exchanges and Clearing (HKEx) is aiming to launch yuan currency futures contracts by mid 2007. The exchange says the launch date is dependent on consultations with regulators and feedback from market participants.

HKEx announced plans to launch the product late last year (Squawkbox, December 4, 2006), three months after Chicago Mercantile Exchange launched its yuan currency futures.

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