|Update! DME on CME Globex|
The Dubai Mercantile Exchange Limited (DME) has confirmed that the migration of DME Oman Crude Oil and Oman Crude Oil Financial futures and future spreads to CME Globex will occur as previously announced, effective this Sunday, February 1, 2009 (trade date Monday, February 2).
A mock trading session in the CME Globex production environment will be held this Saturday, January 31. Detailed information is available online.
CME Globex product specifications are also available online now. Please note: these products will have DUMX in the Security Definition (tag 35=d) tag 207-SecurityExchange. Complete product specs are available on the DME web site. These products will be listed with implied functionality turned on.
Trading hours for DME products on CME Globex will match the NYMEX Crude Oil products: Sunday - Friday, 5:00 p.m. - 4:15 p.m. CT. This Sunday only, February 1, CME Group will provide an extended pre-open starting at 3:15 p.m. CT, to facilitate customers' order entry. Please note: resting orders on DME DIRECT will not be moved to CME Globex. Customers are responsible for re-entering any DME DIRECT orders onto CME Globex upon product migration.
DME products are now available for customer testing in the CME Globex New Release environment.
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.