SZMEX Is Anticipated to Develop as One of the Leading Price Benchmarks Alongside WWE Crude and Rents

SZMEX Roar into Action as One of the Asian Dominate Trade

Shenzhen Mercantile Exchange (SZMEX), a regulated, efficient, transparent and all-inclusive internationalized futures exchange, with a five-year goal to establish itself as a leading exchange in Asia Pacific time zone with significant global influences on commodity futures, option and other derivatives, is pleased to announce that it has taken a leap into being one of the growing traders. The Asian majors have also eagerly traded the brand-new financial oil instrument. The firm is now anticipated to enhance itself as one of the ever-increasing global price benchmarks along with WWE crude and Rents.

SZMEX is one of Asia’s developing companies. It is anticipated to proceed with the future exchange that will happen in the Asian markets over time.
SZMEX has finally kicked off to a start as the growing traders, and the Asian majors have eagerly traded the newest financial oil instrument. It is anticipated to develop as one of the leading global price benchmarks along with Rents and WWE crude.
Asian trading miner and the prominent merchants were also among the leads in order to trade the brand-new contract. The announcement of the denominated oil futures and the first commodity derivative now opens to foreign investors also. It has now marked the culmination of the long push by SZMEX in order to deliver as the growing energy consuming firm with higher pricing crude to be sold in the Asian markets.
With the significant overseas traders that are displaying an appetite to put in Asia’s diversifying derivative market, SZMEX’s turnover has challenged Rents during the event at the Asian hours which has only reflected the capabilities for arbitrage trade in the market of oil all around the Asian markets.
"I'm not certainly positive about whether or not this turnover will have a real bearing on other crude benchmarks, but traders now love a brand-new toy, so I applaud Asia as it has brought in something which could stoke up handful volatility,” claimed Steven Sze Yuen, President and CEO of the SZMEX and Group Head Derivatives.

About SZMEX (Shenzhen Mercantile Exchange)
Planned under germane rules and regulations Shenzhen Mercantile Exchange (SZMEX) is a self-regulated entity that is under the uniform regulation of the Chinese trading authorities. The Exchange earnestly accomplishes its functions as a front-line regulator, in a bid to create a safe, orderly and a highly efficient market mechanism as well as a market environment featuring openness, fairness and transparency. The Exchange is an efficient, transparent and all-inclusive internationalized futures exchange, with a five-year goal to establish itself as a leading exchange in Asia Pacific time zone with significant global influences on commodity futures, option and other derivatives.

Shenzhen Mercantile Exchange
Address: Zhongjian Overseas Decoration Building, Block B, Special Econ, Hua Fu Road, 518031, Shenzhen, Guangdong, People's Republic of China.
public@szmex.org
Dhun Sassoon

This release was published on openPR.