DME on track for Q4 launch

The DME reveals the details of its first sour crude contract, while construction work begins on its trading floor

Construction work has begun on the Dubai Mercantile Exchange's (DME) two-storey high trading floor from where traders can conduct business on the exchange's electronic trading platform. The 500 square-metre trading floor will be fitted with trading hubs and will have a twenty five square metre video wall showing market data and other real-time information.

Ahead of its fourth quarter launch, the DME has also unveiled details of its Oman Crude Oil Futures Contract.

The contract is physically

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