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DGCX to Launch Cash Settled WTI and Brent Crude Oil Futures on 27th May

Wed, 21 May 2008 11:28 AM
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DGCX to Launch Cash Settled WTI and Brent Crude Oil Futures on 27th May
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Dubai Gold and Commodities Exchange (DGCX), the Middle East’s leading derivatives exchange, today announced the launch of both West Texas Intermediate Light Sweet Crude (DWTI) Oil and Brent Crude Oil (DBRC) futures contracts available for trading from Tuesday 27th May.


The launch of both WTI and Brent Crude Oil futures on DGCX makes the world's two most significant crude oil benchmarks available to both regional and international market participants, allowing them to benefit from trading and clearing transactions under the UAE regulatory and taxation regimes.


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