Gaurang Desai Succeeds Gary Anderson as CEO of DGCX

The Dubai Gold and 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’s (DGCX) Chief Executive Officer,Gary Anderson has reportedly relinquished his role and stepped down due to health concerns.

The DGCX, the region’s first derivatives exchange, has experienced steadfast growth in 2014, mainly due to swelling Currency volumes that have helped drive its business.

The man replacing Mr. Anderson as the interim CEO Gaurang Desai – Mr. Desai has himself served as a CEO of the DGCX since its launch in 2005. He has nearly two decades of experience in a variety of senior level roles in derivatives management.