DME is excited about this new auction capacity, which will enable the Exchange to offer a very attractive solution to customers in the Gulf that are looking to buy or sell
spot commodities in a transparent and fair manner," said Owain Johnson, Managing Director of DME.
This offers customers the advantage of a transparent platform to trade
spot commodities for immediate delivery.
Spot Commodities allow traders to short sell as easily as taking a long position and can also be traded by Market, Limit, Stop and Trailing Stop orders.
is a Warsaw-based
spot commodities and futures exchange.
The rise in oil prices is a sign that as financial markets destabilize, investors are shifting dollar assets into oil, gold and other
spot commodities.
According to Rosine (1987), consumption of
spot commodities as a share of nominal GDP ranged from 8 percent to 10 percent from 1973 to 1981, but fell to just 4 percent by 1986.
The
spot commodities brokerage service designed for regional clients has been well received by the market, which helps reduce trading costs, improve deal efficiency, provide more business options and increase deal rates.
We are very excited about this new auction platform, which will enable the Exchange to offer a very attractive solution to customers in the Gulf that are looking to buy or sell
spot commodities in a transparent and fair manner.
COESfx currently offers 22 currencies and two
spot commodities - gold and silver - on its fully transparent trading platform.
