HKEx Announces Market Makers, Margin Rates and Information Vendors Access Codes for HSI Volatility Index Futures
Hong Kong Exchanges and Clearing Limited (HKEx) has announced market makers, margin rates and information vendors’ access codes for HSI Volatility Index (VHSI) futures, which will begin trading in HKEx’s derivatives market on Monday, 20 February 2012.
HKEx has appointed the following companies as market makers for VHSI futures to facilitate trading in the new contracts.
Name of Market Makers Obligations
BNP Paribas Securities (Asia) Ltd – Provide continuous quotes
Goldman Sachs Futures (Asia) Ltd – Respond to quote requests
Newedge Financial Hong Kong Ltd – Provide continuous quotes
Market Makers will be providing two-sided quotes good for at least five contracts on each side in all the listed contract months.