The Dubai Mercantile Exchange Limited (DME) announced today that its Membership Committee has approved Deutsche Bank Securities Inc. as a Clearing Member. Deutsche Bank Securities Inc. becomes the 22nd Clearing Member of the Exchange.
Making the announcement, Ahmad Sharaf, Chairman of the DME, said: "We are delighted to welcome Deutsche Bank Securities Inc. to the Exchange.
"Deutsche Bank Securities Inc. brings a wealth of experience and commitment to the DME. Following our recent announcement of record trading volumes, this latest development shows that even during these challenging economic times the global trading community continues to have confidence in the DME and our benchmark DME Oman Crude Oil Futures Contract."