Asia exchange of the year: DME

New features boost trading of flagship Oman crude contract

Owain Johnson - Dubai Mercantile Exchange
Owain Johnson, DME

In the past year, plunging oil prices and anxieties over Chinese energy demand have created a challenging landscape for Asian energy firms – but they have created new opportunities for the Dubai Mercantile Exchange (DME), which has been working since 2007 to bring the greater transparency of financial trading to Middle Eastern crude markets.

Owain Johnson, the exchange's Dubai-based managing director, says volatility has driven activity on the DME. "Producers afraid of further price falls are ke