Dubai DGCX plans to offer Sensex Futures “very soon”

As part of its expansion plans, the Dubai Gold and Commodities Exchange, DGCX, plans to introduce “very soon” derivatives trading based on the Bombay Stock Exchange’s benchmark index, a move that will allow overseas investors greater access to Indian equities, according to a bourse executive.
The exchange is awaiting final regulatory clearances to launch futures products based on the BSE Sensitive Index, or Sensex, Simarjeet Baweja, head of academy at DGCX Dubai Gold and Commodities Exchange, said at an event in Dubai.
You may consider reading further :
- Dubai Gold and Commodities Exchange extends trading hours
Exchange will open 30 minutes before Indian exchange traded currency derivatives markets
DGCX participants will have 30 minutes of trading time overlap with the Asian markets before Indian markets... - Dubai Gold and Commodities Exchange to launch Sensex futures
Indians living in the Gulf will soon be able to trade the BSE Sensex on the UAE's Dubai Gold and Commodities Exchange, which became the first exchange in 2007 to launch a successful dollar-rupee fu... - Gold, Rupee trading drives DGCX daily volumes record
Exchange trades 51,943 contracts on May 16, valued at US $ 1.98 billion
Driven by an increase in Indian Rupee and Gold futures trading, the Dubai Gold and Commodities Exchange (DGCX) registered a ... - DGCX Gold Futures Rise 111%
Exchange Sets Fourth Consecutive Monthly Volumes Record in June
Exchange registers 889,131 contracts in June, valued at $32.92 billion, a growth of 231% from June 2011
DGCX H2 2012 Volumes Ri... - DGCX First Quarter Volumes Up 112%
Exchange trades 3,281,234 contracts in the first quarter
March volumes total 1,072,052, a 95% rise from 2012
Indian Rupee futures grows 104% year-on-year
March volumes on the Dubai Gold a...
Follow Dubai Chronicle on Twitter at
@DubaiChronicle
Comments
Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!