As volumes in some traditional contracts decline, traders are looking for new opportunities.
located in Asia have experienced a particularly extended period
of expansion, while new platforms in Dubai, Africa and parts of
Europe have also gone from strength to strength in recent
Rising interest from both their domestic markets and
overseas have contributed to this growth during a time when the
largest and more established venues have seen their volumes
This trend has seen some of the world's major exchange
groups take stakes in smaller, up-and-coming platforms. One
example of this has been CME Group and its investment in the
Dubai Mercantile Exchange, an oil venue which has posted a 57%
increase in trading activity this year.
DME is hoping its Oman Crude Oil contract can become the
benchmark for the Middle East and Asia, and has been drawing
growing interest globally.
This article is available to subscribers and registered users
Please log in to continue reading.
Not yet registered? Take a free trial.
If you have already taken a free trial you
have ongoing access to the analysis section of FOW.com including this story.
Log in using your details below to read.
Already have an account? |