WTI Crude Oil futures to go live on Singapore’s SMX

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Thursday 03, June 2010 by

WTI Crude Oil futures to go live on Singapore’s SMX

The Singapore Mercantile Exchange (SMX) said it will commence trading of the West Texas Intermediate (WTI) light sweet crude oil futures when it goes live in August this year. SMX will be among the first exchanges to list the global benchmark in oil pricing at the time of its launch. This, it says, is in line with the exchange’s endeavour to be the premier Asian commodity derivatives exchange for trading key energy derivatives.

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