HKEX Launches Futures Trading Today

The video discusses the launch of a new derivatives product by Hong Kong, challenging Singapore's long-standing market monopoly. Analysts predict it will take time for the product to gain traction but expect it to contribute significantly to Hong Kong's revenues by 2025. Concerns include higher trading costs due to index turnover and competition from Singapore's established derivatives ecosystem. The launch has caused a slump in Singapore's stock, as the new product poses direct competition, but Singapore remains confident in retaining its clients.

What year did Singapore establish its dominance in the offshore Asia derivatives market?

• 2015

• 2000

• 2006

• 2010

What is a major concern regarding the underlying index of Hong Kong's new derivatives market?

• It is too complex for investors

• It is not recognized internationally

• It may lead to higher trading costs

• It lacks diversification

Why might Singapore have an advantage over Hong Kong in the derivatives market?

• Fewer holidays

• Better established ecosystem

• Higher trading fees

• More diversified index

What percentage of revenue do derivatives products contribute to the Singapore exchange, according to analysts?

• 15-18%

• 20-25%

• 10-13%

• 5-8%

How does Singapore feel about the competition from Hong Kong's new derivatives market?

• Unaware of the competition

• Confident in retaining clients

• Worried about losing clients

• Planning to change their products