Monday, June 4, 2007

Hong Kong Exchange Seeks Advisers to Set Up Commodities Derivatives Market

(Bloomberg) -- Hong Kong Exchanges & Clearing Ltd.,
manager of Asia's third-biggest stock market, may choose advisers
as early as this month to study the creation of a commodities
derivatives market, Chairman Ronald Arculli said.

The bourse narrowed the list of potential advisers to six
from 20 and will make a decision ``in the next few weeks,''
Arculli said in an interview yesterday. The exchange is also
pressing ahead with efforts to seek listings from countries other
than China, he said.


Read more at Bloomberg Stocks News

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