TO ADD MANY CONDITIONAL BUSINESS ITEMS TO PILOT LISTING FOR TRANSACTION
On May 22, 2020, the Ministry of Industry and Trade issues the Decision No. 1369/QD-BCT regarding the addition of a number of goods subject to the conditional business to be listed on the Mercantile Exchange.
Accordingly, the Ministry of Industry and Trade allows the Mercantile Exchange of Vietnam (hereinafter referred to as MXV) to experimentally list transactions of a number of goods belonging to the conditional business group (energy and rice commodities) on the Mercantile Exchange for 01 year.
To be specific, the pilot commodities including: Crude oil (Brent Crude Oil ICE EU, Mini Brent Crude Oil ICE Singapore, WTI Crude Oil NYMEX, etc.); Petroleum
products (RBOB Gasoline NYMEX, Low Sulphur Gasoil ICE EU, Heating Oil ICE EU, etc.); Gas (Natural Gas NYMEX, Mini Natural Gas NYMEX, etc.); Rice (Rough Rice CBOT, Vietnamese long grain white rice 5% broken, Vietnamese long grain white rice 10% broken and Vietnamese long grain white rice 15% broken, etc.)
Contracts for trading of energy and rice commodities must be settled before the due date. It is not allowed to deliver material goods. MXV shall send report to the email address of the Domestic Markets Department on a daily basis, from 6:00 to 9:00 (after the trading time is over and the trading system finishes processing the session data).
This Decision takes effect on the signing date.
