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Article: dubai mercantile exchange reports exchange wide open interest exceeds 5,400 contracts.(Dubai Mercantile Exchange Limited)(Brief article)
- Article from:
- Middle East
- Article date:
- June 20, 2007
CopyrightCOPYRIGHT 2007 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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dubai mercantile exchange reports exchange wide open interest exceeds 5,400 contracts Number of Open Interest reflects strong confidence in the DME
The Dubai Mercantile Exchange Limited (DME) announced today that the Exchange-wide open interest reached 5,414 contracts upon the conclusion of business on June 18, 2007. This significant achievement was reached only twelve trading days after the Exchange launched its initial three contracts on June 1.
Since inception, the DME has seen steady trading volumes across its two financially settled spread contracts, the WTI-Oman Spread Contract and Brent-Oman Spread Contract, and the first and only physically ...