Dubai Mercantile Exchange Integrates Thomson Reuters Eikon Platform
- Thomson Reuters Eikon customers are now granted access to the DME, following the integration between the two entities, facilitating futures and commodities trading in the Middle East.
Thomson Reuters Eikon customers are now granted access to the Dubai Mercantile Exchange (DME), following the integration between the two entities, designed to facilitate greater exposure to futures and commodities trading in the Middle East.
Thomson Reuters Eikon service has already received a number of modifications and add-ons earlier this year to fortify the overall platform. The platform itself offers clients and users access to a pantheon of asset classes, including Forex, commodities, derivatives, equities and fixed income, among others. Furthermore, as recently as last week, Thomson Reuters’ Forex Head, James Watson, departed the group.
According to Christopher Fix, Chief Executive Officer of DME, in a recent statement on the integration, "This is an exciting development for DME and comes at a time when the Exchange is in a very strong growth phase. Trading activity in our flagship contract, DME Oman, has never been higher and so the ability to access DME through Thomson Reuters Eikon will be a popular development for our growing customer base."
Thomson Reuters’ Customer Access Swells with Integration
Indeed, DME customers now have the added benefit of streamlined access and integration with the CME Direct’s execution platform, via Thomson Reuters. The partnership will clearly extend the capabilities of existing users, namely in their exposure to the DME and Middle Eastern markets – these include access to the DME's benchmark Oman crude oil futures contracts.
"Market participants are increasingly looking for a straightforward way to analyze and trade energy products, particularly given the regulatory drive towards exchange trading. By offering our customers access to the growing Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term on DME Oman alongside the news and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term services in Eikon, we're continuing our efforts to provide our customers with the tools they need to develop and execute their trading strategies seamlessly and efficiently," added Nadim Najjar, Managing Director, Thomson Reuters, in an accompanying statement.
Thomson Reuters Eikon customers are now granted access to the Dubai Mercantile Exchange (DME), following the integration between the two entities, designed to facilitate greater exposure to futures and commodities trading in the Middle East.
Thomson Reuters Eikon service has already received a number of modifications and add-ons earlier this year to fortify the overall platform. The platform itself offers clients and users access to a pantheon of asset classes, including Forex, commodities, derivatives, equities and fixed income, among others. Furthermore, as recently as last week, Thomson Reuters’ Forex Head, James Watson, departed the group.
According to Christopher Fix, Chief Executive Officer of DME, in a recent statement on the integration, "This is an exciting development for DME and comes at a time when the Exchange is in a very strong growth phase. Trading activity in our flagship contract, DME Oman, has never been higher and so the ability to access DME through Thomson Reuters Eikon will be a popular development for our growing customer base."
Thomson Reuters’ Customer Access Swells with Integration
Indeed, DME customers now have the added benefit of streamlined access and integration with the CME Direct’s execution platform, via Thomson Reuters. The partnership will clearly extend the capabilities of existing users, namely in their exposure to the DME and Middle Eastern markets – these include access to the DME's benchmark Oman crude oil futures contracts.
"Market participants are increasingly looking for a straightforward way to analyze and trade energy products, particularly given the regulatory drive towards exchange trading. By offering our customers access to the growing Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term on DME Oman alongside the news and Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term services in Eikon, we're continuing our efforts to provide our customers with the tools they need to develop and execute their trading strategies seamlessly and efficiently," added Nadim Najjar, Managing Director, Thomson Reuters, in an accompanying statement.