Dubai oil exchange suspends Lehman membership

DUBAI, Sept 16 (Reuters) - The Dubai Mercantile Exchange on Tuesday said it had suspended the membership of Lehman Brothers' Dubai unit.

"The Dubai Mercantile Exchange Limited (DME) hereby notifies DME Members of the Suspension of Membership privileges of a DME Floor Member Lehman Brothers International (Europe) DIFC Branch," the DME said in a statement.

Lehman Brothers LEH.N was suspended from trading on the Intercontinental Exchange, Liffe NYSE Euronext and London Metals Exchange Select electronic platform on Monday after the bank sought bankruptcy protection.

Lehman Brothers International (Europe) was a floor member of the Dubai Mercantile Exchange.

(Reporting by Simon Webb; editing by Karen Foster)