DME's Q3 results point to struggle for crude futures

Market participants that trade in the DME's Oman crude futures contract are still facing liquidity risks, despite the bourse's statement that average daily trading volumes for its Oman crude futures contract have increased 82% year-on-year in Q3.

While the DME stated that it set a new record in Oman crude futures average daily trading volumes for the third quarter 2010, the jump from 2,777 contracts – up from 1,522 contracts during the same period in 2009 – is still dwarfed by the two major oil