The Dubai Mercantile Exchange Limited (DME) is the energy commodities exchange located in the DIFC that lists and trades the Oman Crude Oil Futures Contracts (DME Oman). The DME Oman is the sole benchmark for Oman and Dubai crude oil official selling prices, and the only market listing sour...

A complete guide to sovereign wealth funds written by and for industry practitionersSovereign wealth funds (SWFs) aren't new, but they are often misunderstood. As they've attracted more attention over the last decade and grown greatly in size, the need for a new and thorough resource on SWFs has...

This paper proposes an unconventional method for analyzing the cost of foreign exchange rate mechanisms using option pricing theory. The insurance coverage embedded in the exchange rate regime is analogous to a currency option (or a portfolio of currency options) whose pay-off can be explicitly...