it's easier to properly size trades with cbbc, minimum lot size is typically less than hkd 3,500 vs more than hkd 35,000 for futures
the strike level for cbbc can be used as a mandatory stop loss
with cbbc, there is counter party risk with the issuer. if the issuer goes into bankruptcy, the cbbc is potentially worthless.
with futures, there is virtually no counter party risk. the contract is potentially worthless only if the exchange, the clearinghouse, and all the market makers goes into bankruptcy.
shk and css offer self directed internet trading for futures作者: hwkeung 時間: 2008-12-2 01:53 PM