Trading volumes on the Dubai Mercantile Exchange reached a new monthly record in February after activity was boosted by the exchange’s recapitalisation arrangement – which involved the Chicago Mercantile Exchange doubling its stake to 50%.
On February 20, Dubai Mercantile Exchange announced that it had restructured its equity shareholding. CME increased their share to 50%, Oman Investment Fund increased to 29%, a subsidiary of Dubai Holding will retain 9%.