News Column

DME sets new trading records

February 4, 2014

The international energy futures and commodities exchange further revealed that January's total is 52 per cent higher than January last year and is a 27 per cent increase on last month. The Dubai Mercantile Exchange (DME) on Monday announced record average daily trading volumes (ADV) of 8,162 lots in January 2014 , equivalent to almost 8.162 million barrels of crude oil per day. The international energy futures and commodities exchange further revealed that January's total is 52 per cent higher than January last year and is a 27 per cent increase on last month. DME's previous record performance was 7,450 ADV, which was set in November 2013 . Trading volumes have grown steadily since the DME was launched, and yearly ADV jumped from 4,667 in 2012 to 6,355 in 2013. Compiled from staff reports


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Source: Khaleej Times (United Arab Emirates)


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