2% + up in DJIA, telegraphed by the blue line...
Heard from an Exchange official that they are looking into how to improve the volume on the FKLI futures. Isn't it a coincidence that after the Local Liberalisation where the stupid quota of 1000 contracts per month was imposed upon Local Participants that NOW there is 'concern' about the shrinking volume o the index futures such that they need to 'look into ways to improve the volume'????
Way to improve the volumes:
1 Remove the quota
2 Reinstate the status quo to the prior May 2012 for all LP
3 Equalise the exchange fee and clearing fee FKLI to the same as current FCPO fees
As easy as 1-2-3, capice?
Heard from an Exchange official that they are looking into how to improve the volume on the FKLI futures. Isn't it a coincidence that after the Local Liberalisation where the stupid quota of 1000 contracts per month was imposed upon Local Participants that NOW there is 'concern' about the shrinking volume o the index futures such that they need to 'look into ways to improve the volume'????
Way to improve the volumes:
1 Remove the quota
2 Reinstate the status quo to the prior May 2012 for all LP
3 Equalise the exchange fee and clearing fee FKLI to the same as current FCPO fees
As easy as 1-2-3, capice?
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