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
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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