2012Innovation The European Journal of Social Science ResearchRequires access

Study on the Development and Improvement of Crude Oil Futures Market

Chen Liu-qi

Open publisher page 0 citations

Abstract

It is of great significance for China to list its crude oil futures,and the time for its listing has been mature.To improve the crude oil futures market,it requires taking a series of measures,such as breaking up the monopoly on the oil market and attracting more market participants;establishing more open and workable transaction mechanisms;setting up and improving the strategic reserve system;vigorously developing the capital market and setting up a multilevel financial market system to promote the integration of and finance;and pushing forward the establishment of petroleum renminbi system and the rise of renminbi,etc.

About this research paper

What this paper is about

It is of great significance for China to list its crude oil futures,and the time for its listing has been mature.To improve the crude oil futures market,it requires taking a series of measures,such as breaking up the monopoly on the oil market and attracting more market participants;establishing more open and workable transaction mechanisms;setting up and improving the strategic reserve system;vigorously developing the capital market and setting up a multilevel financial market system to promote the integration of and finance;and pushing forward the establishment of petroleum renminbi system and the rise of renminbi,etc.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

It is of great significance for China to list its crude oil futures,and the time for its listing has been mature.To improve the crude oil futures market,it requires taking a series of measures,such as breaking up the monopoly on the oil market and attracting more market participants;establishing more open and workable transaction mechanisms;setting up and improving the strategic reserve system;vigorously developing the capital market and setting up a multilevel financial market system to promote the integration of and finance;and pushing forward the establishment of petroleum renminbi system and the rise of renminbi,etc.

Key concepts: Renminbi, Futures contract, Business, Futures market, Crude oil, Database transaction, China, Forward market

Related papers

Back to paper searchBrowse research topicsOriginal source
Study on the Development and Improvement of Crude Oil Futures Market — Research Paper | ScholarLens