Dubai Mercantile Exchange (DME) has delayed its official
launch date to 1 June having previously intending to roll out a
month earlier. The postponement follows numerous setbacks after
delays selecting and developing a trading platform. (See FO
Week Vol 12 No 8).
DME, a joint venture between Tatweer, a member of Dubai
Holding, and New York Mercantile Exchange (Nymex), refused to
explain its decision to FO Week.
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