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UAE’s leading derivatives bourse, the Dubai Gold and Commodities Exchange (DGCX), has recorded a new daily trading record on Tuesday, July 26, as heightened market volatility boosted trading on the exchange, according to a DGCX statement.
The standout figure shows the highest ever daily volume of 176,645 contracts valued at $3.6 billion. The new record also represents a 17% jump from the previously recorded high set during the previous month when the exchange registered 150,570 contracts on June 24, 2016.
Furthermore, the DGCX recorded an all-time high in daily Open Interest (OI), which amounted to 344,610 contracts valued at $6 billion. Increasing ... (read more)