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Two new crude contracts to list on DGCX
- United Arab Emirates: Wednesday, May 21 - 2008 at 10:13
Dubai Gold and Commodities Exchange (DGCX) will start trading two crude oil futures contracts from May 27. The new contracts will be based on the world's two most significant crude oil benchmarks: West Texas Intermediate Light Sweet Crude (WTI) Oil and Brent Crude Oil (DBRC), said Malcolm Wall Morris, CEO of the Dubai-based futures exchange. A fee waiver will be in place for the DBRC and WTI Crude futures contracts from launch through to 26th August 2008.
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Jeff Florian, Senior ReporterWednesday, May 21 - 2008 at 10:13 UAE local time (GMT+4)
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