Managers' Forum ~ Website Reviews
Hong Kong Futures Exchange
Review by: Milva Manninen
The Hong Kong Futures Exchange’s web site is very
interesting and
enlightening. It was ranked among the top 10 Asian websites by
Asia today.
The website is very thorough in explaining every aspect of their business,
which I find very interesting as I compare it to U.S. practices.
The exchange is operating in a global perspective
while still focusing on
the Asia Pacific Region. The exchange is committed to stay competitive
in
the fast growing global financial market. They want to be a major
player in
the global futures and options market and thereby provide products
that meet
market expectations.
The focus stays on the Asia Pacific Region which
is expected to remain
one of the fastest growing areas in the world. Hong Kong itself
is
geographically well located to benefit from its favorable position
in China.
Economically also Hong Kong is a pretty mature financial center.
With all these aspects taken into consideration,
I think this web site is
a very good opportunity for futures and options traders. With
todays rapidly
developing technological innovations I believe it will soon be possible
to
become a member of a foreign exchange without establishing business
there or
becoming a citizens, which are the requirements at the moment.
Soon all the
transactions will take place electronically and then a place like the
Hong
Kong Futures Exchange will be an attractive target for investors.
Reference: http://www.hkfe.com/
