PetroYuan has started trading Seems that the PetroLuan, about which one of our info Gurus, TxRogers, posted info for our attention some time ago, has started to trade.
Per ZH:
https://www.zerohedge.com/news/2018-03-25/petroyuan-futures-open-over-10-billion-notional-trades-first-hour “
After all the preparation, all the expectation, cheerleading and doomsaying, China's Yuan-denominated crude oil futures contract began trading tonight and appears to be off a good start with well over 10 billion yuan notional traded within the first hour. So far it has tracked WTI futures well, trading at around a $2 premium to WTI (when translated from yuan to USD)...