SHFE to launch crude oil futures on March 26

By Vivian Teo / February 09, 2018 / www.metalbulletin.com / Article Link

The Shanghai Futures Exchange will launch its much-awaited crude oil futures on March 26, the exchange said on Friday February 9.

The contract - which will be denominated in yuan and accept foreign exchange as a margin - will trade on the Shanghai International Energy Exchange (INE), a SHFE subsidiary. The INE's crude oil futures launch is being closely watched by the global...

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