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0.00386100386100389 0.00386100386100389 0.0202702702702704 0.0202702702702704 0.01994851994852 0.0200772200772202 0.0222007722007724 0.021879021879022
Stock impact report

UPDATE 1-China's ICBC suspends open positions for commodities trading products [Reuters (UK)]

CHINA CONSTR BK UNSP/ADR (CICHY) 
NASDAQ:AMEX Investor Relations: ccb.com/en/newinvestor/index.html
Company Research Source: Reuters
China's ICBC suspends open positions for commodities trading products - Reuters 4 Min Read SHANGHAI/BEIJING (Reuters) - Industrial and Commercial Bank of China (ICBC) said it will suspend all open positions for retail investor products linked to commodities futures, including crude oil, natural gas, copper and soybeans, from Tuesday. The bank also warned investors on Monday of a possible loss of all investments or cash deposits in those products due to commodities market volatility. According to ICBC’s website, its commodities futures trading products are sold to individual customers and are linked to global futures contracts. The crude oil product is linked to WTI or Brent crude oil futures contracts, while its natural gas product is linked to the New York Mercantile Exchange’s (NYMEX) natural gas futures contract. The minimum investment volume for the crude oil product is 0.1 barrel versus 1,000 barrels per lot in standard oil contracts. For the natural gas product, it is 1 million Show less Read more
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