Crude oil options are listed in RMB in June and open to foreign investors

Original title: Crude oil options will be listed for trading in RMB denominated in RMB and will be fully open to foreign investors

Economic Daily News (Reporter Zhu Huichun) The China Securities Regulatory Commission has recently approved the listing of crude oil options on the Shanghai International Energy Exchange (hereinafter referred to as the previous energy) subsidiary of the Shanghai Futures Exchange.

Crude oil options are my country's first batch of options denominated in RMB and fully open to foreign investors.

As the first domestic commodity futures open to the outside world, since the listing of crude oil futures, the market has been operating steadily, the scale has been steadily expanded, the investor structure has continued to be optimized, and its functions have been gradually brought into play.

With the deepening of domestic supply-side structural reforms, China's oil-related companies are transforming to high-quality development, and the demand for refined corporate risk management and diversification has risen, and the market's call for the introduction of crude oil options has increased.

It is understood that when designing crude oil options contract rules in the previous period, Energy has always insisted on combining international experience and local advantages.

Last issue of Energy stated that the next step will be under the unified deployment of the China Securities Regulatory Commission, adhere to the principle of high standards and steady start, continue to earnestly prepare for listing, carry out in-depth market training and investment education, and ensure the smooth launch of crude oil options.