monetary futures
2.The Financial Secretary has, therefore, today asked the Hong Kong Monetary Authority to use the Exchange Fund to take appropriate measures in the stock and futures markets to counter these speculative activities. These measures seek to increase the cost of speculation and hence discourage speculators from mounting similar attacks.
3.The Singapore International Monetary Exchange （Simex）announced on April 27, 1998 that it would launch in August a stock index futures contract based on the Singapore stock market. In addition, it also plans to come up with two more stock index futures contracts in November, one on the Thai stock market, and the other on the Malaysian stock market. This means, very soon, small investors who have a view on the broad movements of these three markets will be able to put their money where their beliefs are.
4.they are: the Airport Authority, Employees Retraining Board, Equal Opportunities Commission, Hong Kong Arts Development Council, Hong Kong Examinations Authority, Hong Kong Housing Authority, Hong Kong Housing Society, Hong Kong Monetary Authority, Hong Kong Sports Development Board, Hospital Authority, Kowloon-Canton Railway Corporation, Legislative Council Secretariat, Mandatory Provident Fund Schemes Authority, Office of the Privacy Commissioner for Personal Data, Securities and Futures Commission, Urban Renewal Authority and the Vocational Training Council.
