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Quote from Phlub:
Even if they want $200k, it still seems strange that the big would be available and not the mini. Where is the logic in that?
Oh well - I guess you 'can't fight city hall'.
If I'm not mistaken, the Big contract was grand fathered in and a new application would have to be made to for the mini. Volumes weren't initially there to support the cost.
They (HKFE) are going to be launching a mini HHI (h-share) future in March and I think are going to seek approval for both mini products. I've got a meeting on Friday with the exchange and I'll ask about this.