Dubai Mercantile Exchange Signs MoU with Kpler to Deliver Enhanced Market Intelligence

  • Date: 13-Oct-2020
  • Source: Business Live ME
  • Sector:Financial Markets
  • Country:UAE
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Dubai Mercantile Exchange Signs MoU with Kpler to Deliver Enhanced Market Intelligence

Raid Al-Salami, Managing Director, DME

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has signed a Memorandum of Understanding (MoU) with Kpler, the leading provider of data-driven transparency solutions in commodity markets.

The strategic partnership will provide access to data from hundreds of sources including AIS signals, satellite images, logistics and commercial reports, and governmental and shipping databases. Kpler's proprietary technologies systematically aggregate and process this information to deliver real-time intelligence across more than 20 commodity markets. The company's data is trusted by more than 450 organizations globally, including trading houses, IOCs, NOCs, shipping companies, banks, and hedge funds.

Commenting on the signing of the MoU, Raid Al-Salami, Managing Director, DME, said: “We are pleased to partner with Kpler to enrich the trading experience for