DGCX Sees 2015 Trading Volumes Swell YoY To Notch Record Highs

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) has reported its trading volumes for the 2015 fiscal year, which coincided with sizable growth across the majority of its business, according to a DGCX statement.

More specifically, the exchange reported its highest ever volumes of 14.5 million contracts for the 2015 year, good for a YoY increase of 23% from its 2014 counterpart. This was fueled in large part by steadfast growth across its derivative and commodities volumes.

The DGCX has also strengthened its comprehensive offering with a number of recent instruments that were each launched in Q4 2015. These included the launch of its Dubai Spot Gold contracts, which allowed investors to purchase and sell physical bars on the exchange for the first time.

Moreover, the exchange made a splash when it launched its Chinese Yuan Futures, helping facilitate the use of the yuan to both regional and global participants amidst a parallel effort by China to help prioritize the trading and internationalization of its currency.

Over a yearly timeframe however, the DGCX had introduced no less than seven new contracts in 2015 including three Indian Rupee Futures, India Gold and India Silver, two mini hydrocarbons contracts, Mini WTI, as well as the aforementioned Chinese Yuan Futures and Dubai Spot Gold Contracts.

According to Gaurang Desai, Chief Executive Officer (CEO) of DGCX in a recent statement on the yearly performance: “With record-high trading volumes and the launch of our Spot Gold Contract in 2015, DGXC is clearly positioned as the Middle East’s leading derivatives bourse and well prepared to grow and develop our commodities Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term so market participants can trade efficiently and with confidence.”