SPIMEX to accept oil futures spread orders

Oil
By GlobalCapital
11 May 2017

The Saint Petersburg International Mercantile Exchange will start allowing futures spread orders on its Urals crude oil contracts.

SPIMEX began trading the Urals crude oil futures on November 29, 2016, and will accept the spread trade orders from May 15.

There are usually only around 30 oil futures contracts traded per day on the exchange. On Wednesday there were 22 June and 10 July futures ...

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