Interested in trading the arbitrage, or fixing copper prices in renminbi? You want to trade HKMEx copper?
Key questions to answer if you want to trade HKMEx’s 5-tonne copper contract when it launches.
- Does your broker’s electronic trading platform give you access to HKMEx?
- Can your back office process a contract indexed in yuan but settled in USD?
- Is your broker a clearing member of HKMEx?
- Both LME and HKMEx clear LCH. Will your broker give you margin offset between LME and HKMEx?
- How soon till you can answer yes to all of the above?
