Monday September 9 2019

News Source: Global Exchanges

Focus: Clearing & Settlement

Type: General

Country: Dubai


On 8th August 2019, the Dubai Mercantile Exchange (DME) announced the approval of Macquarie Futures USA LLC as a Clearing Member, to clear and settle trades carried out by its regional and international customers on DME.

The move highlights the growing interest in DME Oman among a large and diversified pool of traders from around the globe. In 2019 more than 120 customers have traded the contract, which has contributed to a remarkable 45% growth in forward trading.

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