CME strengthens trading ties with Dubai

The CME Group, the world’s largest derivatives market, has become the latest international exchange to boost its business in the Middle East, expanding a trading deal with a Dubai platform that is building its own derivatives exchange with Nasdaq OMX.

The CME Group said it has agreed with the regulator of the Dubai International Financial Centre, the Dubai-based exchange, to enable DIFC members to trade on the Chicago Board of Trade, the subsidiary of the CME.

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