Following US regulatory changes based on new Dodd-Frank rules, the clearing house of record for the DME will officially change from NYMEX to CME Clearing. This change will not affect existing members. Since 2009, NYMEX has outsourced its DME clearing to CME Clearing. The change is subject to approval by the Dubai Financial Services Authority. Once that is secured, the date for the switchover will be announced to members of the Exchange.
For more information, please contact:
Heather Astbury at DME on heather.astbury@dubaimerc.com or +971 4 365 5522
Fishburn Hedges on dme@fishburn-hedges.co.uk or +44 (0) 20 7839 4321
