Hong Kong Exchanges and Clearing Limited (HKEX) will introduce its planned offshore Renminbi and U.S. dollar gold futures on July 10.
They will be the first pair of commodity futures that can be physically delivered in Hong Kong.
The 12 contract months on the launch day will comprise the spot month (August 2017) and next 11 calendar months.
HKEX will waive its trading fee and settlement fee during the first six months of trading of the new products.
The contracts will also be exempted from fees levied by the Securities and Futures Commission throughout the same period.
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