07.10.2010 - Dubai Merchantile Exchange thriving
From Investorsoffshore.com: The Dubai Mercantile Exchange has announced that it has achieved the highest level of open interest for its benchmark Oman Crude Oil Futures Contract (DME Oman) since the commencement of trading on the Exchange on June 1, 2007. As of September 30, open interest in the DME stood at 21,797 contracts. Open interest is the total number of outstanding futures contracts held by market participants and is regarded as a leading performance indicator in the industry. Open interest in DME Oman has increased steadily since launch: the previous total open interest record of 20,160 contracts was set in July 2010..............................................Full Article: Source
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