DGCX Volumes Continue Upward Trajectory in March 2017
Posted: Sun Apr 02, 2017 5:08 pm
The Dubai Gold & Commodities Exchange (DGCX) has reported its trading volumes for the month ending March 2017, reiterating a strong YoY climb across its futures and currency business, per a company statement.
Following the triggering of Article 50 and the formal start of the Brexit process, the average daily volumes (ADV) of DGCX’s product suite touched a strong milestone of 61,471 contracts a day in March 2017, signifying increased interest and liquidity.
Meanwhile, the exchange’s aggregate trading volume grew by double digits compared to the same period last year, crossing over 1.4 million contracts, valued at $33.5 billion, DGCX said in a statement.
Building on ... (read more)