Jul 14 2011 |
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DGCX Sets New Daily Volume Record
Exchange Trades 19,819 contracts on July 12, valued at US $ 967.68 million
DGCX trading volumes in the first half of 2011 hit an all-time record of 1,417,223 contracts, valued at US $ 69.1 billion, a 52% growth from last year. June witnessed the highest ever monthly volume of 268,390 contracts, valued at US $ 12.96 billion, an increase of 40% from last year.
-Ends-
Established in 2005, DGCX is the region's first derivatives exchange and the only one allowing participants to clear and settle transactions within the Gulf region. The Exchange has played a pioneering role in developing the regional market for derivatives. DGCX is a Dubai Multi Commodities Centre (Dubai Government) initiative in partnership with Financial Technologies (India) Limited and Multi Commodity Exchange of India Limited (MCX). It is an electronic commodity and currency derivatives exchange with 230 members from across the globe, offering futures and options contracts covering the precious metals, energy and currency sectors. For more information: www.dgcx.ae
Further Information:
Madyan Jabr
Dubai Gold and Commodities Exchange
(
DGCX
)
Tel: +971 (0)4 361 1625; Email: madyan.jabr@dgcx.ae
Promoseven Weber Shandwick PR
Tel: +971 (0) 4 321 0007; Email: baiju.francis@ws-mena.com; dhanya.isaac@ws-mena.com
© Press Release 2011
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