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2 months ago
BRIEF-China INE approves futures firms as members, starts simulation trade
June 6, 2017 / 3:08 AM / 2 months ago

BRIEF-China INE approves futures firms as members, starts simulation trade

1 Min Read

BEIJING, June 6 (Reuters) - The Shanghai International Energy Exchange Ltd, or INE, said on Tuesday it has approved another 46 futures companies as members for the exchange that is set to launch China's long-awaited crude oil contract later this year.

* INE earlier approved 92 futures firms as members

* Had earlier approved 12 Chinese banks as custodians for clients' deposit funds

* Started simulation test trade in May

* Source link: bit.ly/2sb81IB

Reporting by Chen Aizhu

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