SPIMEX to establish criteria for unfair trade practices for petrochemical products
19.09.2024
The St. Petersburg International Commodity Exchange (SPIMEX) is developing new criteria for identifying unfair trading practices in the petrochemical market. The decision on this was made at the board of the exchange section, where they supported the need to create special standards for monitoring trading activity with petrochemical products.
This is in addition to the initiatives of the SPIMEX to increase the transparency of trading: at the end of last year, the exchange introduced a register of fuel traders who were seen in unfair practices, such as using trading robots to artificially create demand.
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