DGCX Reports Multiple Records in H1 Volumes
Posted: Sun Jul 03, 2016 11:50 am
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)