Crude oil futures market re-Progress

March 19 , Shanghai International Energy Trade Center and the Bank of China signed a strategic cooperation framework agreement in Beijing . The parties said it would combine their business features and competitive advantages to establish a comprehensive strategic partnership , and strive to achieve the Shanghai International Energy Trade Center to create an international energy trading platform, strategic objectives, to jointly promote the opening-up and function of futures markets as well as improve the investment environment healthy development of China 's oil industry services for the global oil economy. This is the first Shanghai International Trade Center Energy signed a strategic cooperation agreement with commercial banks.Wholesale masking tape

Under the cooperation agreement, the Shanghai International Energy Trade Center and the Bank of China will involve not only outside the domestic futures market trading, clearing, various aspects of risk management , investment and financing cooperation and carry out professional services , but also in international marketing , product innovation, cooperative training and research exchanges and other aspects of professional advantages into full play their respective business areas , actively explore and innovate jointly promote energy futures and financial services.Masking tape


The Shanghai International Energy Trade Center and the Bank of China to deepen cooperation , both provided strong financial support to build an international energy trading platform , especially crude oil futures market will introduce a comprehensive introduction of foreign investors , relying on diversified businesses of Bank of China integration platform and overseas business advantages , enhance the size of the global market investors to expand in overseas markets, influence and visibility ; Meanwhile, Shanghai International trade Center building energy international platform will greatly promote the rapid development of China's banking derivatives business , by introducing global investors , prompting the banking business continues to expand the network platform , providing customers with global financial services , so as to continuously improve the level of international development of Chinese banking industry .Washi tape


Shanghai International Energy Trading Center on November 22 last year, was formally established in Shanghai Free Trade Zone , specifically undertake the construction work of the international crude oil futures platform. It is understood that the center in accordance with " international platform , net trading , bonded delivery ," the basic framework , is actively preparing for the crude oil futures market, promote good crude oil futures contract , trading, clearing, and other institutional investors to enter the international market arrangements and design rules , to be relevant supporting policies and measures landing, the whole market will be announced .Sellotape