Wednesday 4 May 2016
 
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DME

DME sets new record of 9bn barrels of crude trade

The Dubai Mercantile Exchange (DME) has reached the nine billion barrel mark in crude oil trade, with a total of nine million contracts traded on the Exchange. So far this year, the Exchange has seen a major uptick in the number o

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DME picks UK group for auctions business

The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has selected London-based Elysian Systems as the technology provider for its new commodity auction business.

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DME picks UK group for auctions business

The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has selected London-based Elysian Systems as the technology provider for its new commodity auction business.

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New DME platform to enhance spot commodities trading

The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has launched 'DME Auctions,' a new platform that will provide a transparent spot commodity auction system for th

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DME sets new record for Oman crude futures

Dubai Mercantile Exchange (DME), a top energy futures and commodities exchange in the Middle East, has announced a new open interest record for its flagship Oman Crude Oil Futures contract of 27,109 lots, which is equivalent to 27.1 million barr

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Top UAE exchanges partner to boost capital markets

The Dubai Mercantile Exchange (DME) and Abu Dhabi Securities Exchange (ADX) today (July 7) signed an agreement to collaborate on several fronts to further drive the growth of capital markets in the UAE and the wider Middle East region.

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DBS Bank gets approval to issue LCs for trading on DME

The Dubai Mercantile Exchange (DME) said the DBS Bank’s Singapore office has approved to issue letters of credit (LCs) for trading crude oil on the exchange. DBS is the first Singapore bank to receive such approval and will

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Oman plans floating storage for DME crude delivery

Oman Tank Terminal Company (OTTCO) plans to start operating a floating storage unit later this year to ease trade of crude oil futures on the Dubai Mercantile Exchange (DME), trade sources said.   The storage wil

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DME hits record 8m barrels trading in March

The Dubai Mercantile Exchange (DME) has announced that it reached the eight billion barrel mark in March, with a total of eight million contracts (equivalent 8 billion barrels) traded on the exchange. The increased interest in DME

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Dubai Mercantile CEO to take on bigger role

Dubai Mercantile Exchange (DME) announced today (March 9) that its chief executive Christopher Fix will be taking up new responsibilities from June onwards. Fix will become chairman of DME Asia and will also take up a role as mana

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