27 November 2006
Emirates Airline joins DME and ENOC working group for Development of First Jet Fuel Futures Contract
The Dubai Mercantile Exchange Limited (DME), a joint venture between Tatweer, a member of Dubai Holding and the New York Mercantile Exchange Inc. (NYMEX) today announced that Emirates Airline has joined the working group established by the DME and ENOC Supply & Trading (L.L.C.) in August 2006, in order to explore the development of the world’s first physically delivered jet fuel futures contract, which will be traded on the DME.
14 November 2006
Oman implements Historic Change To Pricing Of Crude Oil
The Sultanate of Oman’s Ministry of Oil and Gas (MOG) and the Dubai Mercantile Exchange Limited (DME) today announced that Oman will adopt forward pricing of its crude oil based on the daily settlement price of the DME’s Oman Crude Oil Futures Contract, due to start trading on launch of the Exchange.
2 October 2006
Dubai Mercantile Exchange selects NYMEX Technology for its Electronic Trading System
The Dubai Mercantile Exchange Limited (DME) today announced that a trading application based on the state-of-the-art electronic trading technology of the New York Mercantile Exchange (NYMEX), will power the Middle East’s first energy futures exchange.
5 September 2006
DME and Emirates National Oil Company sign MoU to develop first jet fuel futures contract
The Dubai Mercantile Exchange Limited (DME) and Emirates National Oil Company- ENOC, subsidiary ENOC Supply & Trading LLC today announced the signing of a Memorandum of Understanding (MoU) to explore the development of the first exchange-traded jet fuel futures contract.
4 September 2006
DME unveils initial plans for membership structure at Educational Seminar in Singapore
The Dubai Mercantile Exchange Limited (DME) today announced plans for its membership structure and the criteria that will be used to attract and establish a mix of local, regional and international market participants on the trading floor of the new electronic exchange.
14 August 2006
Dubai Mercantile Exchange Launches International Education Road Show
The Dubai Mercantile Exchange Limited (DME), the Middle East’s first energy futures exchange, today announced plans for an international education road show comprised of a series of free seminars aimed at building awareness of the DME and educating the global energy and trading community on key aspects of the Exchange and how it will operate.
4 July 2006
Construction Begins Of Unique State-Of-The-Art Trading Floor For Dubai Mercantile Exchange
The Dubai Mercantile Exchange Limited (DME) announced today that construction has commenced on its state-of-the-art trading floor and office space in the Dubai International Financial Centre (DIFC).
21 June 2006
DME-AUD Academy Launches Its First Seminar On Energy Futures Trading
The recently announced DME-AUD Academy held its first seminar yesterday at the American University of Dubai (AUD) with more than 400 energy, finance and business professionals in attendance.
12 June 2006
Dubai Mercantile Exchange Unveils Details Of Oman Crude Oil Futures Contract To The Asian Market
The Dubai Mercantile Exchange Limited (DME) today unveiled details of its Oman Crude Oil Futures Contract and updated the Asian market on its progress towards launch in the fourth quarter of 2006.
4 June 2006
DME and AUD sign MoU for Launch of Region’s First Commodity Trading Academy
The Dubai Mercantile Exchange Limited (DME) and the American University in Dubai (AUD) today announced the signing of a Memorandum of Understanding between the two parties for the joint development of an academy for the new Exchange.
24 May 2006
Dubai Mercantile Exchange Ltd. Announces Key Senior Management Appointments
The Dubai Mercantile Exchange Ltd Limited (DME) today announced the further strengthening of its leadership team with the appointment of Thomas Leaver as Chief Operating Officer and Sarah Watts as Chief Compliance Officer.
18 April 2006
Development of New Middle East Sour Crude Oil Futures Contract Reaches Major Milestone
The Sultanate of Oman's Ministry of Oil and Gas (MOG) and the Dubai Mercantile Exchange Ltd Limited (DME) today announced the successful completion of their joint working group's efforts to develop a new Middle East sour crude futures contract.
07 February 2006
Dubai Mercantile Exchange Ltd. Unveils New Trading Hub Concept at World's Premier Conference on the Future of Energy
Addressing the world's leading energy executives and policy makers at the Cambridge Energy Research Associates CERA Week 2006 conference in Houston, Texas today, DME Chief Executive Officer Gary King unveiled the DME's strategic vision and its plans to introduce a new trading hub concept on an electronic trading floor.
17 January 2006
Dubai Mercantile Exchange Ltd names Board of Directors
The Dubai Mercantile Exchange Ltd. (DME) today announced recent developments in the creation of a new commodity exchange that will initially develop and trade a Middle East Sour Crude Futures contract in the heart of the world's largest hydrocarbon province.