During the year , the average daily turnover of hang seng index futures decreased from 28 217 contracts in 1998 to 20 778 contracts in 1999 , representing a decline of 26 per cent 年内，恒生指数期货平均每日交投量，由一九九八年的28 , 217张降至一九九九年的20778张，下降幅度为26 % 。
It was introduced to provide retail investors with a more affordable trading and hedging alternative to the hang seng index futures contract , which has appreciated considerably in value over the past few years 鉴于恒生指数期货近年增值不少，期交所推出这项产品是要为散户投资者提供一个更易负担的交易及对冲工具。
When the hang seng index futures contracts for the month of august settled on august 28 , there was substantial selling pressure in the stock market and daily turnover reached a record high of $ 79 billion 八月份恒生指数期货合约在八月二十八日结算时，股市出现庞大的沽售压力，当日成交额也创下790亿港元的最高记录。
In preparation for the operation , it was nevertheless necessary to test market conditions and the hkma did transact a very small number of august hang seng index futures contracts just prior to market close on 13 august 1998 为了准备该项行动，金管局有需要测试市场情况。而金管局在1998年8月13日接近收市时，进行了非常少量的8月份恒生指数期货合约的交易。
The sub - committee considered a paper examining the question of whether the rise in large open positions in hang seng index futures in the past three years should be a matter for concern , given the role that these positions played in the 1998 speculative attacks on hong kongs financial markets 未平仓恒生指数期货合约与股市的关系6 .委员会成员审阅一份有关未平仓恒生指数期货期指合约的分析文件鉴于未平仓期指合约在
However , they accepted instructions from some of the clients at the san po kong branch of wing lung bank to trade in hang seng index futures , relayed these instructions to wing lung futures dealing room for execution , and confirmed the execution of trades with the clients the arrangement 然而，他们却在永隆银行的新蒲岗分行接受若干客户买卖恒生指数期货的指示，把该等指示转交永隆期货的盘房以供执行，并向客户确认交易已经办妥该安排。
