DGCX Reports Multiple Records in H1 Volumes
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DGCX Reports Multiple Records in H1 Volumes
UAE’s leading derivatives bourse, the Dubai Gold and Commodities Exchange (DGCX), has recorded an all-time high of more than 9.5 million contracts in the first half of 2016 as heightened market volatility after the Brexit vote boosted trading on the exchange, according to a DGCX statement.
The standout figure marks the highest half-yearly trading volume with a strong upswing seen across all its asset classes, growing 49.64 percent over the same period last year. DGCX recorded an all-time figure for daily trading volumes in the preceding month, with an aggregate of 150,570 contracts exchanged in the marketplace on June 24th, crossing ... (read more)
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