1. Introduction1.1 MotivationSince being relisted in Shanghai Futures Exchange in 2004, China’s fuel oil futures market has developed very fast during the past six years.With the increasing trade volume and open interest, China’s fuel oil future has become the third largest options and futures varieties in the worldwide. What is more, the fuel oil future market also becomes gradually improved and has higher effect on the international fuel oil market. During the financial crises in 2008, though the volatility in the international oil futures prices is serious, China’s future oil futures market ran smoothly and there was no large risk coming to the market. According to law in China’s fuel oil future market, foreign investors are not allowed to trade directly in the market. In spite of this, several major futures exchanges have pay attentions on China’s fuel oil future market and The Chinese factor has gradually considered in the pricing of the international fuel oil. All the above facts shows China’s fuel oil future market has link the domestic and international fuel oil markets.
*若需了解更多与协助请咨询↓→[电脑QQ][手机QQ]【数据协助】
