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Dubai Mercantile Bourse Sets Trading Record

The Dubai Mercantile Exchange’s trading volumes set a new monthly record last month.

    TheDubai Mercantile Exchange’s trading volumes set a new monthly record last month,Financial Newsreports. Trading of Oman Crude oil futures contract rose 7.8 percent on the previous record of 88.54 million barrels in July.

    The record 95.4 million barrels in August was a 57 percent increase on the 60.75 million barrels traded in August 2010. The Oman crude oil futures contract is the only commodity currently traded on the Dubai exchange.

    Click here for the story fromFinancial News.

    Click here for additional coverage fromKhaleej Times.

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