Hong Kong Exchanges and Clearing Limited (HKG:0388) announced that it will introduce London Nickel Mini Futures, London Tin Mini Futures and London Lead Mini Futures contracts for trading in its derivatives market on December 14.
As quoted in the press release:
HKEx announced its plans to introduce the new contracts last month during LME Week, an annual metals industry event hosted by the London Metals Exchange (LME), a wholly owned subsidiary of HKEx.
The new contracts will trade in Renminbi (RMB) and complement the RMB-traded London Aluminium Mini Futures, London Zinc Mini Futures and London Copper Mini Futures contracts HKEx introduced on 1 December 2014. Most other key contract specifications are based on the metals futures offered by the London Metal Exchange, a wholly owned subsidiary of HKEx.
Exchange Fees for the new contracts will be waived from the rollout date until the end of the day trading session on 30 June 2016.
HKEx has invited applications from market participants interested in being Liquidity Providers for the new contracts.