Dubai Mercantile Exchange

The Dubai Mercantile Exchange Limited (DME) is a joint venture between Tatweer, the New York Mercantile Exchange (NYMEX) and the Oman Investment Fund (OIF). Uniquely positioned to provide price transparency and market liquidity for crude oil from the world’s foremost oil producing and exporting region, the DME is the premier international energy futures and commodities exchange in the Middle East, providing a financially secure, well-regulated and transparent trading environment.

The DME has developed and lists the Oman Crude Oil Futures Contract, addressing the growing market need for price discovery of Middle East sour crude oil while simultaneously bridging the time-zone gap between Europe, Asia and North America, providing for the trading of energy futures, options and other products. The establishment of the DME also strengthens Dubai’s ties with the international finance and commodities trading communities.

The DME is a fully electronic exchange. However, in a unique concept, it also brings together a community of traders operating from individual trading stations on the Exchange’s floor.

Located within the Dubai International Financial Centre (DIFC), a financial free zone designed to promote financial services within the UAE, the DME is authorised and regulated by the Dubai Financial Services Authority (DFSA) -- a world-class, independent regulator. All trades executed on the Exchange are cleared through and guaranteed by NYMEX’s AA+ rated clearinghouse, which is licensed and recognised by the DFSA.

Visit Dubai Mercantile Exchange Website