DGCX Currency Futures Trading Volume Increase By 37% In January
- The month's total trading volumes at the Dubai based exchange are up 36% from December 2013, registering 1,043,200 contracts. Sensex Futures trading at the DGCX almost doubled to reach 14,913 contracts.


The Dubai Gold & Commodities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (DGCX) released today its January 2014 trading volumes showing a very promising start to the year, with a total of 1,043,200 contracts traded, an increase of 36% over December of the last year.
The DGCX is an electronic precious metals, energy and currency derivatives exchange, which was established in 2005 by the Dubai Multi Commodities Centre, a strategic initiative of the local government, in cooperation with India’s Financial Technologies in order to enhance commodity trade flows in the Emirates. In April 2013, the exchange reached a trading volume of over $1 trillion for the first time.
Currencies were the primary driver of January's growth, growing 37% Month-on-Month (MoM) and aggregating 981,104 contracts. Leading the currency volume rise was the Indian Rupee Futures, which was up 36% from December 2013. Mini INR also registered a significant MoM increase of 51%, while the Exchange's newest product, SENSEX Futures, registered 14,913 contracts, an increase of 91% from the previous month.
Among precious metals trading at the DGCX, gold futures recorded 38,531 contracts, a MoM increase of 5%. Silver futures also experienced strong volume growth of 354% from January last year, and an increase of 35% from December 2013.

The Dubai Gold & Commodities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (DGCX) released today its January 2014 trading volumes showing a very promising start to the year, with a total of 1,043,200 contracts traded, an increase of 36% over December of the last year.
The DGCX is an electronic precious metals, energy and currency derivatives exchange, which was established in 2005 by the Dubai Multi Commodities Centre, a strategic initiative of the local government, in cooperation with India’s Financial Technologies in order to enhance commodity trade flows in the Emirates. In April 2013, the exchange reached a trading volume of over $1 trillion for the first time.
Currencies were the primary driver of January's growth, growing 37% Month-on-Month (MoM) and aggregating 981,104 contracts. Leading the currency volume rise was the Indian Rupee Futures, which was up 36% from December 2013. Mini INR also registered a significant MoM increase of 51%, while the Exchange's newest product, SENSEX Futures, registered 14,913 contracts, an increase of 91% from the previous month.
Among precious metals trading at the DGCX, gold futures recorded 38,531 contracts, a MoM increase of 5%. Silver futures also experienced strong volume growth of 354% from January last year, and an increase of 35% from December 2013.