Question

Which one of the following stock index futures has a multiplier of 50 Hong Kong dollars times the index?

a. FTSE 100
b. Hang Seng
c. Nikkei
d. DAX-30
e. FTSE 100 and Hang Seng

Answer 1

Answer:

b. Hang Seng

Explanation:

Hong Kong's Hang Seng Index Futures and Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$50 (50 Hong Kong dollars) per point.

The Mini-Hang Seng Index Futures and the Mini-Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$10 per point.