Trading DME Contracts

Getting Set Up to Trade on the DME

Q. What contracts are currently trading on the DME?
 
A. The DME lists the DME Oman Crude Oil Futures Contract which has become the most successful exchange traded contract for crude oil price transparency in the East of Suez markets. Additionally, the DME lists the following contracts:

 

Contract

Trading Symbol on Globex and on CME Clearing

Brent (Singapore Marker) vs. DME Oman Crude Oil Futures

BDS

Brent vs. Dubai (Platts) Crude Oil BALMO Futures

DHI

Brent vs. Dubai (Platts) Crude Oil Futures

DBI

DME Oman vs. Dubai (Platts) Crude Oil Futures

DDO

Dubai Crude Oil (Platts) BALMO Futures

DDI

Dubai Crude Oil (Platts) Futures

DCD

DME Oman Crude Oil BALMO Futures

DDB

DME Oman Crude Oil Calendar Futures

ODO

Singapore Gasoil (Platts) vs. DME Oman Crude Oil Futures

DDA

Singapore Jet Kerosene (Platts) vs. DME Oman Crude Oil Futures

DKR

Singapore Mogas 92 Unleaded (Platts) vs. DME Oman Crude Oil Futures

DDE

Dubai Crude Oil (Platts) Average Price Option

DAH

DME Oman Crude Oil Average Price Option 

DRD

Middle East Fuel Oil 180 cst (Platts) Futures 

DHE

Middle East Fuel Oil 380 cst (Platts) Futures 

DES

Singapore vs. Middle East Fuel Oil 180 cst Spread (Platts) Futures 

DSM

Singapore vs. Middle East Fuel Oil 380 cst Spread (Platts) Futures 

DSI

Singapore Fuel Oil 180 cst (Platts) Futures 

DUP

Singapore Fuel Oil 380 cst (Platts) Futures 

DSE

Singapore Fuel Oil 180 cst vs. 380 cst (Platts) Futures 

DSD
 

Platts™ is a trademark of S&P Global Inc. and has been licensed for use by DME. The Dubai Crude Oil (Platts), Singapore Gasoil (Platts), Singapore Mogas 92 Unleaded (Platts), Singapore Jet Kerosene (Platts), Middle East Fuel Oil 180 cst (Platts), Middle East Fuel Oil 380 cst (Platts), Singapore vs. Middle East Fuel Oil 180 cst Spread (Platts), Singapore vs. Middle East Fuel Oil 380 cst Spread (Platts) are not sponsored, endorsed, sold or promoted by PLATTS and PLATTS makes no representation regarding the advisability of buying, selling and/or investing in the Brent vs. Dubai (Platts) Crude Oil BALMO Futures, Brent vs. Dubai (Platts) Crude Oil Futures, DME Oman vs. Dubai (Platts) Crude Oil Futures, Dubai Crude Oil (Platts) Average Price Option, Dubai Crude Oil (Platts) BALMO Futures, Dubai Crude Oil (Platts) Futures, Singapore Gasoil (Platts) vs. DME Oman Crude Oil Futures, Singapore Jet Kerosene (Platts) vs. DME Oman Crude Oil Futures, Singapore Mogas 92 Unleaded (Platts) vs. DME Oman Crude Oil Futures, Middle East Fuel Oil 180 cst (Platts) Futures, Middle East Fuel Oil 380 cst (Platts) Futures, Singapore vs. Middle East Fuel Oil 180 cst Spread (Platts) Futures, Singapore vs. Middle East Fuel Oil 380 cst Spread (Platts) Futures, Singapore Fuel Oil 180 cst (Platts) Futures, Singapore Fuel Oil 380 cst (Platts) Futures, and Singapore Fuel Oil 180 cst vs. 380 cst (Platts) Futures Contracts.

Q. How can I trade on the DME?
 
A. The only requirement is to open an account with a DME Clearing Member, and meeting the requirements set out in the DME Rulebook. A list of the DME Clearing Members can be found here. A full list of CME Globex ® certified ISVs for trade execution can be found here.
 
Q. What trading platform does the DME use?
 
A. The DME migrated the DME Oman Crude Oil Futures and the DME Oman Crude Oil Financial Contracts to CME Globex on February 2, 2009.
 
Q. What are the DME trading hours?
 
A. Electronic trading is open from 1600 North American Central Standard Time / Central Daylight Time (CST/CDT) Sundays and from 1645 CST/CDT Monday to Thursday and closes at 1600 CST/CDT the next day, Monday to Friday.
 
Singapore is 14 hours ahead of CST and Dubai is 10 hours ahead. The time difference is reduced by one hour when CDT is in effect. Neither Dubai nor Singapore observe Daylight Savings Time.
 
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