The Dubai Gold and Commodities Exchange (DGCX) on Sunday announced the launch of Market Watch, a micro-website for in-depth analysis of trading data and price movements of the exchange’s products, accompanied by charts and market depth features. Market Watch can be accessed from the main DGCX website www.dgcx.ae.
The micro-site provides delayed quotes for all the contracts traded on DGCX including the best five prices and last five trade prices with quantity and number of orders for each contract. The website also offers extensive analysis and statistics on price movements on each contract. The micro-site will also provide the local reference price for the Dubai spot gold contract when it is rolled out.
The new service is accessible on most internet browsers, as it is built with the latest HTML5 code. DGCX’s team promises to make the micro-site accessible on most mobile browsers soon.
Gaurang Desai, Interim CEO of DGCX, commented: “We are pleased to announce Market Watch, which features comprehensive information and analysis of DGCX contracts and their price movements. This will allow our clients and investors to have near real time access to information about the products they are involved in and it is extremely important for us to provide what our market participant needs. The micro-site was launched with the aim of providing information services that meet world class benchmarks. This initiative is backed by our extensive new technology infrastructure.”
The launch of Market Watch is amid the several projects that DGCX has initiated in order to upgrade its market data services offering and make trading information available to a larger number of investors and clients.
To view the official press release, click here.