Mercuria among international merchants trading China's crude oil futures on launch

Mercuria Holdings

26/03/2018 08:03

BEIJING, March 26 (Reuters) - 
    * International trading house Mercuria among the first batch
of
foreign trading houses active in the morning session of China's
crude futures market  ISCU8  
    * "Trading went quite smooth, we did arbitrage between the
crude
futures and other domestic futures products," said Wang Yang, a
derivatives trading assistant with Mercuria
    * Mercuria traded several hundred thousand barrels, said
another
source with direct knowledge of the trading 


 (Reporting by Meng Meng and Aizhu Chen; Editing by Tom Hogue)
 ((meng.meng@thomsonreuters.com; +86-10-66271220 ; Reuters
Messaging: meng.meng.thomsonreuters@reuters.net))