CFTC allows for trading on DME in the US

Dubai Fotolia 230x150
By GlobalCapital
22 Jun 2017

The US Commodity Futures Trading Commission (CFTC) has given permanent approval for trading on the Dubai Mercantile Exchange (DME) to take place remotely from inside the US.

In a statement, the CFTC said: “The CFTC determined that DME has demonstrated its ability to comply with the requirements of CFTC regulations”, adding that it “possesses the attributes of an established, organised exchange and is subject to continued oversight by a regulator that provides comprehensive supervision and ...

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