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DME receives approvals from Singapore, Japan regulators

The Dubai Mercantile Exchange (DME) has received its first approvals from overseas regulators in Singapore and Japan, ahead of its launch in May.

The ‘no objection’ letter from International Enterprise Singapore (IES) and the written confirmation of ‘no restriction to provide direct access’ from Japan’s Ministry of International Trade and Industry (METI) allow qualified entities in those jurisdictions to access the DME Direct electronic trading platform.

They will also be permitted to become members of the exchange, providing they meet the

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