CFTC Certifies Two Futures Contracts from Hong Kong Futures Exchange
The CFTC issued a letter certifying the CES China 120 Index Futures contract and the HSI Volatility Index Futures contract submitted by Hong Kong Futures Exchange Limited ("HKFE"). In the letter, the CFTC confirmed that the two contracts meet the requirements set forth in Section 2(a)(1)(C)(ii) ("Designation of Boards of Trade as Contract Markets") of the Commodity Exchange Act, and may be offered to U.S. persons. The two contracts were submitted to the CFTC in August 2013.
