47 -
Answer:
The Hong Kong Futures Exchange (HKFE) has no plans to link with the Philadelphia Stock Exchange (PHLX) to enable the same futures product to be traded on both exchanges. The proposed linkage with PHLX announced by HKFE in March is to allow PHLX currency options to be traded at HKFE during Asian trading hours. All transactions will be cleared through and guaranteed by a clearing company in the USA. The linkage does not include Hong Kong stock-based or index- based futures
contracts.
End/Wednesday, April 26, 1995