Archive News : 2010
 

Archive News : 2010

25 November 2010
DME Oman linked Swap and Option Contracts to be launched by CME group
Dubai Mercantile Exchange (DME) today confirmed the upcoming launch of a suite of DME Oman-linked swap and option contracts in early December. The contracts will be listed by CME Group which is a core shareholder of DME and the world’s largest derivatives exchange.

03 November 2010
Dubai Mercantile Exchange Sets New Records for Average Daily Volumes and Physical Delivery
The Dubai Mercantile Exchange (DME) today announced its third quarter trading update, headlined by record average daily volumes and open interest levels.

06 October 2010
Dubai Mercantile Exchange Achieves New Record in Open Interest
The Dubai Mercantile Exchange Limited (DME) today announced that it has achieved the highest level of open interest for its benchmark Oman Crude Oil Futures Contract (DME Oman) since the commencement of trading on the Exchange on June 1, 2007.

04 August 2010
Dubai Mercantile Exchange Achieves New Records in Open Interest and Physical Delivery
The Dubai Mercantile Exchange (DME) announced today that two new trading records were set in July 2010 as the exchange entered its fourth year of operations.

08 July 2010
DME Oman Provides Fair Value For Crude Oil Producers And Consumers In Asia, Dubai Mercantile Exchange CEO Tells Industry Leaders
Addressing energy executives and leaders of China’s oil industry at the Crude Oil and Naphtha Asia Summit in Beijing today, Thomas Leaver, Chief Executive of Dubai Mercantile Exchange (DME), cited the DME Oman Crude Oil Futures Contract (DME Oman) as the most credible and transparent pricing benchmark for East of Suez crude oil markets.

01 June 2010
DME Shares Third Anniversary Update with Industry Stakeholders
As the Dubai Mercantile Exchange (DME) completes its third year of operations, we are pleased to share the above update with our members, customers and key industry stakeholders.

01 June 2010
Dubai Mercantile Exchange Celebrates Third Anniversary
The Dubai Mercantile Exchange Limited (DME) marked its third anniversary today with the announcement that average daily trading of its flagship DME Oman Crude Oil Futures Contract (DME Oman) has increased by 130% since 2008, averaging 2,955 lots since the start of 2010, equivalent to around 3 million barrels of oil traded daily.

27 May 2010
Thomas Leaver, Chief Executive, Dubai Mercantile Exchange, speaks to Reuters at the Global Energy Summit
Reuters© Broadcaster. 2009, All rights reserved, Used with permission.

26 April 2010
DME Oman ensures Transparent Pricing for Producers and Consumers , says Dubai Mercantile Exchange CEO
Addressing global energy executives and leaders of the Kuwaiti oil and gas industry at the 18th Middle East Petroleum and Gas Conference (MPGC) in Kuwait City today, Thomas Leaver, Chief Executive Officer of Dubai Mercantile Exchange (DME), cited the DME Oman contract as the most transparent and strategically viable price benchmark for East of Suez crude oil markets.

07 April 2010
DME Shares Q1 2010 Update with Industry Stakeholders
2010 has started on a positive note for the DME characterized by record physical deliveries, increasing liquidity, record open interest and several useful industry engagements.

09 March 2010
Reuters interview with Dubai Mercantile Exchange CEO Thomas Leaver at CERAWeek 2010, Houston
Reuters© Broadcaster. 2009, All rights reserved, Used with permission.

04 March 2010
Dubai Mercantile Exchange hits new records in open interest and physical delivery
The Dubai Mercantile Exchange (DME) announced today that a new record total open interest of 19,867 was achieved in its flagship DME Oman Crude Oil Futures Contract (DME Oman) in February 2010. The DME also achieved a new record for physical delivery of 13.4 million barrels for delivery in April 2010, surpassing the previous high of 11.6 million barrels set in September 2009.

20 January 2010
DME shares key developments in 2009 with stakeholders
2009 was a positive year for the DME characterised by four significant developments.

11 January 2010
DME's Director of IT in top 10 list of IT Managers of the Year
Paul O'Kirwan, Director of IT at Dubai Mercantile Exchange (DME), was recognized as one of ten outstanding individuals in regional IT for 2010 by ACN.  ACN selected the award recipients on a range of criteria, including the overall impact they have had on the regional IT community, their experience with their organizations, and their ability to align business and IT needs perfectly.

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