All Entries in the "Energy" Category
Thai Futures Exchange to Launch Oil Futures Trading October 17
The Thailand Futures Exchange plc (TFEX), under The Stock Exchange of Thailand group, plans to launch oil futures on October 17. The new product is expected to help entrepreneurs to manage energy related cost and will serve as alternative investment for investors and diversify risks for their portfolio. TFEX is in the process of testing [...]
Dubai Mercantile Exchange Sets New Trading Record in January 2011
The Dubai Mercantile Exchange Limited (DME) announced February 7 that it set new trading records during the month of January 2011 with average daily volumes being the highest since the launch of the exchange. Average daily volumes (ADV) for the DME Oman Crude Oil Futures Contract (DME Oman) in January stood at 3,570 contracts (equivalent [...]
Launch of TOCOM’s New Chukyo Oil Market Is Now Officially Set for October 12, 2010
Tokyo Commodity Exchange, Inc. (“TOCOM”) announced October 4 that the Exchange has received an approval from the Minister of Economy, Trade and Industry for the launch of its new market named “Chukyo Oil Market”, so that it therefore officially set October 12, 2010 as the commencement of trading on the market. By launching the Chukyo [...]
Approval of Opening of the Chukyo Oil Market by Tokyo Commodity Exchange
The Ministry of Economy, Trade and Industry (METI) approved October 4 the opening of the Chukyo Oil Market (gasoline and kerosene) by Tokyo Commodity Exchange, Inc. (TOCOM) pursuant to the Commodity Exchange Act. 1. METI approved the opening of the “Chukyo Oil Market (gasoline and kerosene)” applied by TOCOM on October 4th in accordance with [...]
TOCOM to Launch a New Oil Market in October 2010
Tokyo Commodity Exchange, Inc. (“TOCOM”) today announced that the Exchange has decided at the Board of Directors meeting to launch a new Oil Market, to be called “Chukyo Oil Market”, on October 12, 2010 taking over the market currently operated by Central Japan Commodity Exchange (“C-COM”) in response to C-COM’s request. At the new market, [...]
Launch of Brent Crude Futures Will Mark A First For SMX
Singapore Mercantile Exchange (“SMX” or “the Exchange”), a leading Asian multi-product commodity derivatives exchange, today announced that Brent crude oil futures contracts denominated in Euro will be launched on its state-of-the-art electronic trading platform. Together with the recent announcement of the availability of West Texas Intermediate (WTI) Crude Oil Contracts, the moves will enable SMX [...]
WTI Crude Oil Futures, a Global Energy Benchmark to Launch on SMX
Singapore Mercantile Exchange (“SMX”), a leading Asian multi-product commodity derivatives exchange, announced June 2 that it will commence trading of the West Texas Intermediate (WTI) light sweet crude oil futures contract on its state-of-the-art electronic trading platform when it goes live in August this year. SMX will be among the first exchanges to list the [...]
TOCOM Reopened Gas Oil Futures Contract
Tokyo Commodity Exchange, Inc. reopened the gas oil futures market and resumed trading May 6 at 9:00 JST. TOCOM listed the gas oil futures contract in September 2003 but suspended it in February 2006. Akihiko Tembo, President of the Petroleum Association of Japan made the following comments on the reopening of the gas oil futures [...]
Successful Physical Deliveries for First Montract Month of SGX Fuel Oil Futures
Singapore Exchange (“SGX’) is pleased to announce the successful completion of the loading for all physical deliverable positions for its first SGX Fuel Oil 380cst (“SGX FO380”) futures contract. The SGX FO380 futures contract, launched on 22 February 2010, aims to provide an alternative hedging and trading tool for Singapore fuel oil industry. The first [...]
TOCOM Decides to Reopen Gas Oil Futures Contract May 6
Tokyo Commodity Exchange, Inc. (“TOCOM” or the “Exchange”) announced on 23 March that the Exchange has been authorized by the Minister of Economy, Trade and Industry to reopen the gas oil futures market and therefore TOCOM has officially decided to set the reopening date on May 6, 2010. TOCOM listed the gas oil futures contract [...]
