DGCX Reports Record Trading Volume Due to Emerging Markets Volatility in May

An increase in volatility helped DGCX reach its highest traded volume of the year, over 1.43 million lots traded in

The Dubai Gold and Commodities Exchange (DGCX), a UAE derivatives bourse, has reported that an increase in emerging markets volatility elevated its trading volume to a new record this year with over 1.43 million lots traded in May 2017.

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Gaurang Desai, CEO of the DGCX, commented: “We are focused on creating long-term value for our stakeholders and market participants. Whether it is building liquidity in products, raising awareness or imparting the right knowledge; we want to make sure traders and investors are prepared for the challenges of fast moving markets. The economically turbulent landscape of 2017 has highlighted the need to make ‘informed choices’ in order to protect oneself from market adversities. ‘Informed choices’ can only be made by possessing the appropriate knowledge and skills with regard to investing and trading whilst trying to achieving the balance between risk and reward. This is why we are adding increased emphasis on our educational agenda, and hope to educate as many traders and investors in the UAE and the wider region to benefit from ‘informed choices’.”

“We are constantly improving our processes, systems and compliance standards to match them with international benchmarks. As the leading exchange in the region, we are committed to provide our community with robust risk management tools and cutting-edge knowledge to trade and transact with confidence,” concluded Gaurang.

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