1 Min Read
(Refiles to add second reporting credit)
July 4 (Reuters) - The Shanghai International Energy Exchange Ltd, or INE, said on Tuesday it has nominated four banks to manage margin deposit for foreign futures traders and brokers.
* The four banks are Bank of China, Bank of Communications, China Merchant Bank and DBS Bank
* The INE is set to launch China's long-awaited crude oil contract later this year (Reporting by Meng Meng and Josephine Mason, editing by David Evans)