The relationship reflected the commitment of the two countries to promote and further progress the oil markets.
Beijing, March 27, 2016 — CHCEX.org and the foreign Commodity Exchange today settled on an agreement on joint collaboration for the annual China International Oil and Oil Byproducts Conference (OOBC) for the next three years. The name of the Partner Commodity Exchange will be made public at a further date. In addition, the conference serves to stimulate global players’ involvement in the futures market and also increase awareness of trading products of the two Exchanges.
Commenting on the extension of the partnership, Geng T. Liangding, Chief Executive Officer of CHCEX said, “We certainly see the value in our continued collaboration which has been fruitful in developing the offerings and growth of the oil markets. In OOBC lies as well the common aim of promoting the growth and trading of oil and oil byproducts contracts, and CHCEX is pleased that such objectives have been met throughout the years. We are confident this will pave way for more similar opportunities towards the sustainable growth of the oil industry within the two countries.”
Jin Meicheng, Chief Investment Officer for CHCEX said, “Thanks to the care and support of related departments, as well as the joint efforts of both organizations, OOBC will be an industry brand conference.” Mr. Liu said that in order to further promote cooperation between the two exchanges and the development of the oil industry, they agreed to sign an agreement to continue the joint hosting of the OOBC.
Among some of the interesting topics to be discussed at the two-day conference are ‘Current Situation and Prospect of China’s macro economy and ‘China’s Oil and Oil byproduct Industry Situation and Development Prospect.
About China Commodity Exchange (CHCEX)
China Commodity Exchange’s diverse markets span futures and options on interest rates, commodities, indexes and FX, as well as equities and equity options. These markets are relied upon by international market participants, along with our post-trade infrastructure. We are uniquely positioned to provide end-to-end risk management solutions to our customers around the world. CHCEX is a strategic initiative with a mandate to enhance commodity trade flows by providing the appropriate physical, market, financial infrastructure and services required. The Management team of CHCEX comprises senior personnel from the commodities, securities and financial services industries.
China Commodity Exchange (CHCEX)
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