October 24, 2014

Partner News: Exante Enables Asian Futures Trading

Dear users,

TradingView will soon expand market data coverage, add more languages, and enable trading. For now, you can trade Asian futures through our exclusive partner Exante!

Details from the partner:

Asian financial markets skyrocketed during the past two decades. The common trend is that the Asian companies’ shares, derivatives etc. are steadily growing in their value, which raises the demand for Asian financial instruments in general, and indexes in particular. To satisfy the high demand, Exante added several futures of the major Asian indexes to its platform.

Available markets and instruments:

China

H-shares Index, FTSE China A50 Index and Hang Seng Index (HSI) futures, all of which are Chinese market indexes.

H-shares Index is compounded from stocks that are traded on the Hong Kong Stock Exchange (HKEx) and that are available for the foreign investors; whereas, FTSE China A50 Index consists of those stocks that are traded in Shanghai (SSE) and are available for locals only.

SSE is under Chinese tight control, while HKEx is open to the rest of the World. Due to the significant differences in trading conditions for A- and H-class shares, Shanghai shares are traded with a premium of around 80% over the Hong-Kong ones.

The Hang Seng Index is a free-float capitalization-weighted index of a selection of companies from the Stock Exchange of Hong Kong. The index was developed with a base level of 100 as of July 31, 1964.

Japan

Nikkei 225 Index (NKY) is a price-weighted average of 225 top-rated Japanese companies listed on Tokyo Stock Exchange (TSE). The index is the second largest Asian index in terms of value traded.

India

CNX Nifty Index(NIFTY) is the leading index for large companies on the National Stock Exchange of India (NSE). It consists of 50 companies representing 24 sectors of the booming Indian economy.

The index had a basis of 1000 when it was created in 1995, and almost doubled by 2005. Futures on this index are also in high demand and available through Exante.

Singapore

MSCI Singapore Free (SiMSCI) Index is a free-float adjusted market capitalization weighted index. It tracks the equity market performance of Singapore securities listed on Singapore Stock Exchange (SGX).