Trade after work -- Trade HSI

Quote from 4DTrader:

I read the whole thread and learned nothing, found lots of bickering and arguments.

I came to the thread with one question: Where the hell do I subscribe to the HSI data? IB listed a free Hong Kong Futures Exchange and a non-free Hong Kong Stock Exchange. But a link in this thread leads to Hong Kong Exchange.

Again, I believe IB has clearly lost its touch. If there is in reality only ONE exchange called Hong Kong Exchange, why the hell does IB produce TWO exchanges?

OK, I don't care IB fabricating exchanges, but which of the fabricated exchanges handles HSI? I just want to subscribe to this exchange and start looking at the HSI data. I can determine who is right and who is wrong after I look at the data, so stop your stupid bickering! (By the way, the only useful information I get from this thread is HSI is a thinly traded futures with 80,000 contracts daily, compared with ES in millions daily.)


I guess nobody will answer my question after I call them stupid, eh?

Never mind, bunch of morons.

There are indeed two exchanges. The parent company is called Hong Kong Exchanges and Clearing Company Ltd (HKEx). The HKEx is technically an exchange controller under regulations in HK. It owns and operates the Stock Exchange of HK Ltd ("SEHK") and the Hong Kong Futures Exchange Limited ("HKFE"). (I wont' begin to cover the 3 separate clearing houses here which complicates matters further).

The SEHK and HKFE have different routing and fee structures. The SEHK system (stocks, warrants) is where you trade equities and warrants and have built there own routing API/software. The HKFE routes via the OM system and is where you trade futures, index and stock options.

They both have different fee structures. In particular, for the SEHK, every terminal receiving data is required to pay 200 HKD (about $25 per month).

To subscribe to either one, do it via the account mgmt tools.

Hope this makes things more clear.
 
I may add, SEHK and HKFE used to be 2 separate companies. They were "forced" to merge under the HKex, thus the legacy systems.
 
Quote from ET99:

I may add, SEHK and HKFE used to be 2 separate companies. They were "forced" to merge under the HKex, thus the legacy systems.

On a side note, all this and more would be listed on the HKEx web site. 4D, why didn't you bother to check out their site before making your erroneous claim?
 
Quote from Interactive Brokers Bulletin Board

To HKFE,SEHK traders:
Thu Aug 21 19:53:41 2008 EST

Due to the raising of typhoon singal 8, HKEX markets will be closed for their morning session. More information about a possible re-open will follow.

HKFE and SEHK are unavailable for trading.
 
ET99,

My hat off to you for this thread . . I have been trading credit spreads on weekly options as I cannot stare at my computer all day during work and was looking for something after work to trade. Lots of great information here. I plan to start paper trading this in the near future.

Thanks again
 
Quote from RedDuke:

There is a much better instrument to trade during Asian hours - kOSPI 200 futures.

Take a look at this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=193440

I am glad you found happiness in KOSPI.
I have looked at the chart, it shows good volume and orderly oscillation; it looks like a good trading instrument.
but I for one would not repeatedly go to your KOSPI thread and tell people to come over here.
It's just me... nothing for or against any instrument. You trade what is comfortable to you.
 
Back
Top