Dubai Financial Market to launch trading of Oman Crude Oil Futures on 1st June
Published date | 19 May 2022 |
Publication title | LETA |
The Dubai Financial Market (DFM) announced on Thursday that it is launching trading of its new Micro Oman Crude Oil Contracts on 1st June 2022, providing investors with a unique investment opportunity The Micro Oman Crude Oil Contract will represent a significant addition to DFM growing futures market. It enables investors' seamless access to gain on the increase or decrease of oil prices as well as to diversify their portfolios and access leverage to maximise portfolio size and potential returns.
The contracts will be cash settled and will have a smaller contract size of 100 barrels making them accessible to a large number of investors.
The contracts will be supported by 3 market makers including; xCube, Al Ramz Capital, and BHM Capital and will be offered by several DFM Trading Members including; International...
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