Hong Kong Futures Exchange (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announced today (Wednesday) that the SFC (Securities and Futures Commission) Levy and Compensation Fund Levy on the Mini-Hang Seng Index (Mini-HSI) Futures contract have been reduced from HK$1.00 and HK$0.50 to HK$ 0.20 and HK$0.10 respectively with effect from today, 14 February 2001.