The Dubai Gold and Commodities Exchange (DGCX) continues with the diversification and expansion of its trading instruments menu.
The Exchange announced today that it will add two new futures contracts to its lineup of products: cash settled India Silver “Quanto” Futures Contract and Mini West Texas Intermediate (WTI) Crude Oil Futures. The new contracts will be available to trade from October 9, 2015.
The India Silver Quanto futures (DIS) will join a lineup of “Quanto” products that DGCX introduced in June this year, as it strengthens its focus on the emerging markets. In August 2015, the Indian Rupee Quanto futures traded 230,493 contracts, up 69% from July, crossing the US$1.5 billion mark in terms of traded value.
To view the notice on the new contracts introduction, click here.