Middle East Economic Survey
DME Launches Oman-Linked Futures Contracts
The Dubai Mercantile Exchange (DME) on 25 November announced the launch of a suite of swap and option contracts linked to the DME Oman Crude Contract, beginning on 5 December for trade the next day. Chicago Mercantile Exchange (CME) Group, the worlds largest derivatives exchange, is a major shareholder in DME. Six new futures contracts will be available for clearing through the CME...