The Dubai Gold & Commodities Exchange (DGCX) has just announced a highly successful 2018. The exchange broke its annual volumes record, trading 22.26 million contracts, up 28% YoY. The total value of the contracts was USD 474.94 billion (previous highest value of USD 448 billion was traded back in 2013). Average Daily Volumes (ADV) were…
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The month of October opened on a volatile note with geo-political tensions in Europe, the US, and Asia, which led investors and traders to increasingly turn to derivative instruments to hedge and mitigate the impact of volatility. The Dubai Gold & Commodities Exchange (DGCX) witnessed increased trading volumes in its G6 currencies and Indian SSF…
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Dubai Gold & Commodities Exchange (DGCX) celebrated its 11th anniversary on November 21, 2016, delivering a stellar year-to-date growth of 38%, trading over 18.3 million contracts. Strong Open Interest and growth across its asset classes contributed to this month’s success with monthly overall Open Interest aggregating at 546,999 contracts valued at US$ 8.33 billion. The…
Read moreThe Dubai Gold and Commodities Exchange (DGCX) ended the summer on a high note, with trading volumes in August as well as year-to-date results continuing to grow nicely. The vast majority of trading on the DGCX comprises Indian Rupee contracts, and Gold products. Highlights for August at DGCX include: highest Year-To-Date volumes since inception, growing…
Read moreDubai Gold & Commodities Exchange (DGCX) today announces that its year-to-date (YTD) trading volume topped 6 million contracts in April 2016, marking a rise of 45% over the same period last year whilst maintaining a steady Average Daily Open Interest of 109,487 contracts. The increase in overall volumes was mainly driven by DGCX’s currency segment,…
Read moreDubai Gold & Commodities Exchange (DGCX) has just reported its operating metrics for November 2015, with trading volumes staging a steep rise year on year, fuelled by continued demand for hydrocarbons and Indian Rupee-based products. Overall trading volumes for November 2015 staged a 41% increase from November 2014, offering the Exchange a good piece of…
Read moreTrading volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 28% from the same period in 2013, a month in which the Exchange significantly expanded its Emerging Markets portfolio with four new products. October saw the year’s second highest monthly volume with volumes touching 1,044,396 contracts. DGCX's currency segment grew 31% year-on-year, accounting for…
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