20090924 1708 Had small move down to the low of 1216, now trades 1218 for FKLI futures.... nothing to shout about in this lethargic market.
I read with interest the article Bursa-CME tie up positive but effect not quantifiable for now. So it involves FCPO only. My question is if Bursa is going to pay a fee for Globex use, why not have tie up in index futures as well. Oh and by the way, let cme local and bursa locals have reciprocal trading rights??
Oh and the article is talking about Mayban Investment Bank's research. A bit ironic seeing Mayban Inv Bank has no futures broking arm, if you remember they gave up on that business many years ago...... How can they call themselves an Investment Bank without futures broking arm?
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