DGCX Sees Currency Trading Volumes Soar to New Highs in January 2017

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DGCX Sees Currency Trading Volumes Soar to New Highs in January 2017

Postby kreslik.news » Sun Feb 05, 2017 12:33 pm


The Dubai Gold and Commodities Exchange (DGCX) has reported its monthly ‎trading volumes for January 2017, which saw positive flows across various segments, including precious metals and Indian rupee contracts.

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Following Trump’s inauguration and his administration’s immediate policy changes, Average Daily Volumes (ADV) in DGCX’s product suite touched a record 117,637 contracts a day in January, valued at US$ 2.9 billion.

Meanwhile, overall trading volume grew by double-digits compared to the same period last year, crossing over 1.37 million contracts in January 2017, DGCX said in ... (read more)

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