DGCX Volumes Register Substantial Growth YoY, Hit Fresh Record ‎in February

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DGCX Volumes Register Substantial Growth YoY, Hit Fresh Record ‎in February

Postby kreslik.news » Wed Feb 28, 2018 5:37 pm


Total trading volumes on Dubai Gold and Commodities Exchange (DGCX), the region’s leading ‎commodities derivatives venue, touched a record new high of 2,097,739 contracts in ‎February, registering the exchange’s highest overall monthly value of above $47.03 billion.‎

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The UAE’s main bourse has also delivered a stellar year-over-year growth of ‎‎67 percent in February 2018. The healthy performance came as ‎market participants digested the implications of geo-political tensions in key ‎markets, which led investors to increasingly turn to derivatives to hedge and ‎mitigate the impact of volatility.‎

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