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  • PETCO Sells Its First Kimanis Light Sweet Crude Oil Cargo On DME Auctions Platform

    Date 12/07/2017

    Dubai Mercantile Exchange (DME) announced that PETCO has successfully sold 600,000 barrels of Kimanis Light Sweet crude on the “DME Auctions” platform.  PETCO is now the first non-Middle Eastern producer to use the auctions platform.

  • Collaboration Between DIFC And DIEDC Set To Launch Islamic FinTech Initiatives

    Date 12/07/2017

    Dubai International Financial Centre (DIFC), the leading financial hub in the $7.4 trillion Middle East, Africa and South Asia (MEASA) region, signed a Memorandum of Understanding (MoU) with Dubai Islamic Economy Development Centre (DIEDC), as part of its commitment to Islamic finance under the DIFC 2024 Strategy and in line with the vision of ‘Dubai: The Capital of Islamic Economy’.

  • EURO STOXX 50 Licensed To U.S. Based Direxion

    Date 12/07/2017

    STOXX Ltd., the operator of Deutsche Boerse Group’s index business and a global provider of innovative and tradable index concepts, today announced that the EURO STOXX 50 has been licensed to Direxion Funds to underlie a 3x Leveraged ETF.

  • June 2017: Positive Half-Year Result - The Statistical Monthly Report Contains The Latest Trade And Turnover Figures For SIX Swiss Exchange

    Date 12/07/2017

    Trading turnover across all the securities traded on SIX Swiss Exchange totaled CHF 723.6 billion in the first half of 2017, which represents an increase of 5.3% on the corresponding period last year. The average trading turnover per day therefore came in at CHF 5.8 billion. The number of transactions also increased: 25'943'274 trades were conducted in total, a rise of 2.1% on the first half of 2016.

  • MGEX Marks Third Consecutive Day Of Record Open Interest

    Date 12/07/2017

    MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has set a new open interest record for the third day in a row with 105,548 contracts after Tuesday’s activity.  Open interest is currently fifteen percent higher than it was a month ago at the Exchange.