The salient features of the PMEX wheat futures contracts
include compulsory delivery, swift payment to seller or farmers, quality certification of wheat and availability of multiple grades of wheat for trading.
The DGCX Plastic futures contract
will trade from 7:00 am to 1:00 pm Dubai Time.
And in terms of the Gold Futures contract
itself, we are probably now doing somewhere between 2-1/2 and 3 tons of gold everyday.
In applying the short sale rules (see Q 7642 to Q 7649) a securities futures contract
to acquire property will be treated in a manner similar to the property itself.
Tom Leaver, Chief Executive Officer of the DME, added: "We have seen growing acceptance and demand for the DME Oman Crude Oil Futures Contract
as a risk management tool from the Asian refining community, as well as demand from international traders leveraging arbitrage opportunities.
The DGCX Indian rupee futures contract
provides market participants with not only the perfect tool to manage their price risk to the currency, but also with arbitrage opportunities against other markets," said P.
DUBAI: The Dubai Mercantile Exchange (DME) will begin trading two new financially-settled futures contracts
for Brent and Oman crude oil from June 2.
A"We are confident that these new contracts will prove as successful as our flagship physically delivered Oman crude oil futures contract
and greatly add to overall liquidity and price transparency.
DGCX, the region's only commodities derivatives market, plans to introduce a gasoline futures contract
in 2007, the only product of which the Middle East region as a whole is a net importer.
LME's August short-term futures contract
for g-p injection-grade homopolymer moved up a bit to 55.
SGX) announced Monday it will introduce the world's first futures contract
based on dynamic random access memory (DRAM) chips in the first quarter of next year.