The Hong Kong Futures Exchange (HKFE) said today that a Rolling Forex Euro Futures Contract will be introduced for trading on 30 April 1999. The launch of the new contract follows the introduction of the British Pound Rolling Forex Futures Contract in September 1996 and the Deutschemark and Japanese Yen Rolling Forex futures contracts in November 1995.

Like the HKFEÕs other Rolling Forex futures contracts, the Euro Contract will trade electronically on the Automated Trading System (ATS) between 8am and midnight Hong Kong time. Other trading procedures for the Euro Contract will also be the same as those for the other Rolling Forex futures contracts.

The Hong Kong Futures Exchange is a leading futures and options marketplace in the Asia Pacific Region, with a membership of over 130 companies, including a number of major international institutions. The Exchange is actively diversifying its product base, which now includes currency, interest rate and equity-based products.

For further enquiries, please contact HKFE Corporate Communications Manager Miss Chiu Yeung on 2842 9322.