Bank of China Clients Apparently Lost $1 Billion on Oil ETFs that Invested in Futures

Posted on 04/27/2020

Like in the United States, some Chinese retail investors got burned on the April 20, 2020 oil price fall day in which May West Texas Intermediate (WTI) futures contracts were at negative US$ 37.63 a barrel. Retail customers of the Bank of China Limited that invested in the “Crude Oil Treasure” investment product that is […]