The Local Liberalisation meant that there was a discrimination against certain locals by imposing 1000 contract quota per month. This is WRONG, and as long as the quota remains, this blog will not support the fkli contract anymore.
Look at the monthly volume since the initial spike in May 2012, the month following the imposition of the Local Liberalisation 1000 contract quota.(to enable Local to qualify for scratch and day trade concession) Basically there is no growth in volume, in fact the contract volume is cannibalised... A result of the exchange listening to the dungu FBA.
"Don't apologise for saying what you feel because it is like saying sorry for being real"
UPDATE(3rd Nov 2014)
Nothing much change, the volume is still stagnant on FKLI with no growth at all, the same old players are 'controlling' the index with few players...
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