Tag: crude oil futures

sfc warning
April 27, 2020 BY Steffy Bogdanova

Hong Kong SFC advises brokers to be cautious in trading crude oil futures and ETFs

Ashley Alder, the SFC’s Chief Executive Officer said: The crude oil market has recently experienced unprecedented volatility, which significantly increases the risks of trading crude oil-related financial products. Firms should prudently manage these risks to protect investors. In a separate letter, the SFC cautioned managers of SFC-authorised futures-based ETFs to remain careful and ensure that…

Read more
Crude oil prices could bounce as Coronavirus panic settles
October 22, 2018 BY Valentina Kirilova

Intercontinental Exchange launches Permian WTI crude oil futures

Intercontinental Exchange, Inc. (NYSE:ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has just announced the launch of physically delivered Permian WTI (Contract code: HOU) crude oil futures, deliverable in Houston, Texas. Houston has become the pricing center for U.S. crude oil production and exports, and the new…

Read more
May 07, 2018 BY LeapRate Staff

'Geopolitical uncertainty' sends CME oil futures to record open interest

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) has announced that WTI Light Sweet Crude Oil futures open interest reached a record 2,695,178 contracts on Friday, May 4, surpassing the previous record of 2,691,028 contracts set on November 10, 2017. Peter Keavey, CME Group Global Head of Energy said: Market participants are using WTI futures and…

Read more
September 29, 2016 BY Valentina Kirilova

Bats welcomes 13th ProShares Fund to the Bats ETF Marketplace

Busy week for Bats Global Markets, Inc. (Bats: BATS) as it also has welcomed its 13th ProShares product to the Bats ETF Marketplace. The new issue is the ProShares K-1 Free Crude Oil Strategy ETF (Bats: OILK), which seeks to provide total return by providing exposure to the West Texas Intermediate crude oil futures market…

Read more
August 22, 2016 BY Valentina Kirilova

Weekly overview: Euro slips at $1.12830, Asian shares drop

Asian shares dropped on Monday, while the dollar index added 0.4% to 94.879, pulling away from its last week’s lowest mark since June 24. Global central bankers will join the annual mountain retreat opening on Thursday. Fed Chair Janet Yellen will also be taking part with a Friday speech. European markets opened quite lower on…

Read more