News Column

DME plans new trading tool for Oman Futures

July 2, 2014



TAM will allow DME customers to buy and sell oil at a price directly linked to DME's 12:30pm Marker Price.



DME, the Middle East's premier international energy futures and commodities exchange, launched a new trading mechanism, Trade at Marker (TAM), for customers of the DME Oman crude oil futures contract.







TAM will allow DME customers to buy and sell oil at a price directly linked to DME's 12:30pm Marker Price. The average of the month's Marker Prices on DME is the basis of the crude oil export price of the Sultanate of Oman and the Emirate of Dubai, making the DME Marker Price one of the world's key energy benchmarks.







Compiled from staff reports




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Source: Khaleej Times (United Arab Emirates)


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