China’s first crude oil futures speculation due to regulation and control www.gpsoo.net

China’s first crude oil futures speculation this year, China’s first crude oil futures, has no hope this year The Gu Sherilyn according to the British Financial Times quoted industry sources said, because of the regulatory authorities and strict control of commodity futures market investment behavior, has been suspended for more than a year China first crude oil futures, this year also started or hopeless. Last week, the Commission Vice Chairman Fang Xinghai said that the Commission will steadily promote product innovation, and actively promote the construction of crude oil futures. British Financial Times quoted industry sources said, the Commission began a strict control of the futures market speculation in April this year, the possibility of starting new futures contracts is unlikely in the next year before the Shanghai international energy trading center. The start of the RMB crude oil futures contract trading program was first announced in 2013 last year, the Shanghai international energy trading center has announced the launch of the two, but failed to do so. May 29, 2015, Shanghai international energy trading center officials have said Lufeng will be the center of the end of 2015 in Shanghai Free Trade Zone RMB denominated crude oil futures. Shanghai international energy trading center is a wholly owned subsidiary of Shanghai futures exchange. In September 9th, the Commission Vice Chairman Fang Xinghai in the 2016 China (Zhengzhou) said the international futures forum ", the Commission will continue to study the establishment of product innovation mechanism and market-oriented, steadily promote the soybean meal, sugar and other agricultural products options pilot work, good yarn, ethylene glycol and commodity index futures and other varieties of research work listed actively promote the construction of crude oil futures market. China launched Renminbi denominated crude oil futures, aimed at reshaping the international pricing system. In fact, China is also constantly promote the use of RMB denominated partners trading. Last year, one of Russia’s largest oil companies, said the Siberia oil company through its East Siberia – Pacific pipeline project to China’s oil are settled in rmb. However, since March this year, a number of varieties of commodity futures set to black mainly continuous rise, triggering fears. China Securities Regulatory Commission said in April that the commodity futures exchange to control the daily trading of commodities to avoid trading volume and volatility is too large. For speculators, vice chairman of the Commission, said at the meeting of the sea at the meeting, the futures market welcome speculators, but speculators can not be too far. Now on the market surplus funds in particular, financial regulators should be vigilant, accidentally bubble will come out, the futures market is also the case. Welcome to the futures market speculators, the futures market is not speculation but no surplus funds of many cases, we hope that speculators are not too headstrong, our regulatory measures will gradually catch up, we can see who’s doing what kind of business. We welcome everyone to the futures market, but speculators can not go too far. More exciting content to pay attention to WeChat search public number: Tencent Finance (financeapp).相关的主题文章: