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 and Commodities Exchange (DGCX) almost doubled from last year, pushing first quarter volumes past the three million contract mark. Q1 2013 volumes rose 112% from Q1 2012 to reach 3,281,234 contracts while volumes in March 2013 surged 95% from the same month last year to total 1,072,052 contracts. Read more

Dubai Gold and Commodities Exchange reaches out to UAE gold traders

Hedging tools that can help gold traders to manage price risk in the precious metal and boost profitability

Effective hedging tools will be critical for gold traders to maintain business profitability in the current economic climate, according to a senior official of the Dubai Gold and Commodities Exchange (DGCX). Read more

DGCX launches Middle East’s First Derivatives Trading Academy

Exchange seeks to extend benefits of derivatives trading to wider business community

DGCX Academy to offer broad range of educational programmes

Dubai Gold and Commodities Exchange (DGCX) today launched the DGCX Academy, an educational initiative aimed at extending the benefits of derivatives trading to the wider business and investment community in the Middle East. The first such initiative in the region, the Academy, seeks to empower the community with the knowledge and skills needed to use derivatives as effective investment and risk management tools. Read more

DGCX sets new daily volume record

• Exchange Trades 21,980 contracts on July 27, valued at US $ 1.033 billion
• Daily Indian Rupee recorded the highest ever volume of 19,596 contracts on July 27, valued at US $886.4 million
• Total open interest of 23,489 achieved on July 27, 2011 is the highest ever since inception

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 21,980 contracts, valued at US $1.033 billion on Wednesday, July 27, 2011. The new record surpasses the previous best of 20,112 contracts set on July 21, 2011. Read more

DGCX to launch Indian Rupee Options Contract in September

The Dubai Gold and Commodities Exchange (DGCX) is set to expand its Indian Rupee (INR) product offering with the launch of an INR Options Contract on September 26, 2011. The contract will be the only exchange-traded INR Options product offered to markets outside India. Read more

DGCX sets new daily volume record

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at US $ 967.68 million on Tuesday, July 12, 2011. The new record surpasses the previous best of 19,255 contracts set on March 1, 2010. Read more

DGCX H1 volumes climb 52%, aggregate contracts US $69.1 billion

• First half (H1) Volumes on the Exchange Climb 52% to Aggregate 1,417,223 Contracts valued at US $69.1 Billion
• Exchange also Records Highest Ever Monthly Volume of 268,390 Contracts in June, valued at US $12.96 Billion
• Currency Volumes in the First Half of 2011 Rise 80 % to Reach an All-Time H1 High of 1,105,673 Contracts

DGCX today announced that its trading volumes in the first half (H1) of 2011 hit an all-time record of 1,417,223 contracts, valued at US $69.1 billion, a 52% growth from last year.

In Dubai, June witnessed the highest ever monthly volume of 268,390 contracts, valued at US $12.96 billion, an increase of 40% from last year. DGCX achieved numerous volume records with average daily volume up 40% year-on-year to stand at 12,200 contracts, worth US $589 million, another all-time record and the highest ever Average Daily Total Open Interest of 10,943 contracts in June. Read more

DGCX February volumes rise 17 % year-on-year to reach 210,330 contracts

February volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 17 % year-on-year to reach 210,330 contracts, valued at $10.07 billion. Year-to-date volume in 2011 also increased 37% on 2010 levels to reach 454,715 contracts.

Average daily volume (ADV) in the month of February reached 11,070 contracts, the second month in a row that the ADV has remained above 11,000, demonstrating the strength of the demand for DGCX’s products. Read more