DME receives approval from Korea, Bahrain

DUBAI — The Dubai Mercantile Exchange Limited (DME), a joint venture between Tatweer, a member of Dubai Holding, and the New York Mercantile Exchange Inc.

By A Staff Reporter

Published: Tue 1 May 2007, 8:41 AM

Last updated: Sat 4 Apr 2015, 10:55 PM

(NYMEX), announced yesterday that further to earlier approvals and no objection letters from overseas jurisdictions, the Financial Supervisory Service of the Republic of Korea will grant the DME recognition as a foreign futures market. Likewise, the Central Bank of Bahrain has notified the DME that they have no objection to the DME providing Bahrain-based entities access to DME Direct, the DME's state-of-the art trading platform.

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