News & Events

Dubai Mercantile Exchange Announces Details for Additional Production Testing for DME Direct™ for DME Contracts for May 26, 2007
Thursday, May 24, 2007

In response to customer requests and in order to ensure successful connectivity to DME Direct™, the Dubai Mercantile Exchange Limited (DME) has scheduled a production test for Saturday, May 26, 2007 from 10.00 am to 12.00 pm Eastern Daylight Time. Please note that this will be the final production test planned prior to the June 1 launch.

The test on May 26 will provide customers of the DME with another opportunity to validate connectivity to DME Direct™ and practice trading the DME products in the production trading environment. It is strongly suggested you make every effort to participate in this event.

If you have not already successfully confirmed your DME Direct™ set-up then it is essential that you complete both of the following activities on May 26:

    Connect successfully to DME Direct™ / NYMEX ClearPort® Trading

    Enter orders into DME Direct™ / NYMEX ClearPort® Trading using the full DME product slate

Please note that DME Direct™ connectivity will be required for this session. If you do not have (or know if you have) DME Direct™ connectivity, please contact your Clearing Member for help.

Time of test:

Saturday, May 26, 2007

    FIX Market Data for products will be available after 9:00 AM EDT
    Market Pre-Open: 10:00 AM - 10:15 AM EDT
    Market Open: 10:15 AM EDT
    Market Closed: 12:00 PM EDT


All the DME products will be available for orders and market data in DME Direct™ / NYMEX ClearPort® Trading. These products will NOT be available for trade submission through the NYMEX ClearPort® Clearing System. The DME products are:

Oman Crude Oil (OQ)
- Futures
- Calendar Spreads (DME Direct™ / NYMEX ClearPort® Trading only)
- Strips (OQ-OQ)

Brent Oman Financial Spread (QN)
- Futures
- Strips

WTI Oman Financial Spread (QW)
- Futures
- Strips

The production test will be an opportunity for customers to participate in a trading session in advance of the June 1, 2007 launch.

Available systems:
Trading:
- DME Direct™ / NYMEX ClearPort® Trading

For more information please contact: NYMEX Third Party Services at 1-800-275-6215 or thirdpartyservices@nymex.com NYMEX Customer Service at 1-800-438-8616 or custcare@nymex.com DME Customer Relations at +9714 365 5532 or info@dubaimerc.com