Dubai’s Commodities Exchange Reports Record Volumes in 2016

[kreslik.news]

UAE’s leading derivatives bourse, the Dubai Gold and Commodities Exchange (DGCX), ‎has recorded an all-time high of more ‎than 19.7 million contracts in 2016 as heightened market volatility triggered by a series of notable events boosted trading on the exchange. ‎

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The standout figure marks the highest annual volume with a strong upswing seen across all its asset classes, growing 36 ‎percent over 2015. DGCX also recorded an all-time figure for Average Daily Volumes (ADV) in 2016, with an average of 76,835 contracts exchanged ... (read more)