DGCX Looks to Expand Single Stock Offering With Up to 100 Futures by 2017

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 unveiled plans to substantially augment its stock offering with 100 new futures options by 2017, which will see a multi-tiered release of several new company single stock futures, according to a company statement.

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DGCX will aim to tap into a growing investor demand for single stock futures, resulting in the release of up to 100 different instruments over the next twelve months. More specifically, this will see an inaugural phase of upwards of fifteen stock futures, including five across US companies and ten across Indian venues.

Big Name Companies Highlight Offering

On the US side, the companies listed will be technology and banking mainstays Apple, Facebook, Microsoft, Google & JP Morgan. By extension, the Indian stock futures will be from TCS, Reliance, HDFC Bank, Infosys, Tata Motors. In addition, DGCX has already explained its ambitious plans to hike this number to upwards of 100 by the end of next year, which will include companies from the Middle East as well as part of its stock suite.

The launch is part of a widespread effort to introduce new stock futures to the region – as recently as September 1, 2016, Nasdaq Dubai will be launching an array of stock futures on its platform as well.

According to Gaurang Desai, Chief Executive Officer (CEO) at DGCX in a recent statement on the launch: “It will contribute towards deepening the market and enhancing Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. It will definitely generate more trading opportunities and encourage more participants to trade on stock futures.”