Futures contracts for Australia and Hong Kong both traded down, after a gauge of US-listed Chinese stocks slipped 0.7% in New York. Japanese markets are shut Monday for a national holiday with the central bank due to meet Friday.
Piles of derivatives contracts tied to stocks, index options and futures expired Friday — compelling traders to roll over their existing positions or to start new ones. This time, it coincided with the rebalancing of benchmark indexes including the S&P 500, another catalyst for more share transactions.
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