Asia Exchange of the Year: Dubai Mercantile Exchange

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There’s no secret ingredient that explains the steadily growing volumes and membership at the Dubai Mercantile Exchange (DME) – it’s down to hard work and a bit of serendipity, according to Chris Fix, the exchange’s chief executive.

“It’s about the really hard slog of getting in front of all the major players in the region and selling them the DME’s value proposition,” he says. “But it helps that we’re in the right place at the right time.”

The exchange’s flagship Oman crude oil futures contract