Dubai, April 25, 2012: The Dubai Gold and Commodities Exchange (DGCX) today announced the appointment of Gary Anderson as its new Chief Executive Officer (CEO).

Anderson has over 30 years of experience in the financial services industry, which includes serving as the Chief Operating Officer (COO) of Deutsche Bank's Global Exchange Services (GES) business. Previously, as an Executive Director for Goldman Sachs International, he had responsibility for all aspects of its trading activities on the London International Financial Futures and Options Exchange (LIFFE) floor. He has also served as a member of the Boards of LIFFE, the Futures and Options Association and the London Clearing House.

Before joining DGCX, Anderson was a Founding Partner in Triniti Financial Group, which provides professional trading environments and financial backing for day traders.

Ahmed Bin Sulayem, Chairman of DGCX said, "I am delighted to announce the appointment of Gary Anderson as the CEO of DGCX.  His significant leadership experience in the global financial and derivatives industry makes him the ideal choice. His expertise will make him a tremendous asset to the Exchange at a time when it continues its aggressive growth strategy. "

Anderson said: "DGCX has played a pioneering role in developing the regional market for derivatives and the impressive expansion of its products portfolio and volumes speak for its success. Its achievements have quite clearly resulted from its ability to deliver products and services that meet the needs of a wide range of market participants. I look forward to working closely with the DGCX Board and team to further build on its market leadership and growth. I am very excited about the Exchange's potential for further development and expansion."

-Ends-

About DGCX:
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
Manager - Communication & Marketing, DGCX
Tel: +971 (0)4 361 1614;
Email: madyan.jabr@dgcx.ae

Baiju Francis / Dhanya Isaac
Promoseven Weber Shandwick PR
Tel: +971  (0) 4 321 0007;
Email: baiju.francis@ws-mena.com;
dhanya.isaac@ws-mena.com

© Press Release 2012