The trade fees waiver on India Gold (DIG) and Rupee Quanto (DINRI) futures contracts is extended until December 31, 2015.
DGCX waives trade fees for India Gold and Rupee Quanto futures contracts
The Dubai Gold and Commodities Exchange (DGCX), which recently waived trade fees for Mini Indian Rupee (DINRM) futures contracts, is making further steps in this direction.
Today, DGCX announced a trade fees waiver on India Gold (DIG) and Rupee Quanto (DINRI) futures contracts. The waiver is extended until year end, Thursday, December 31, 2015.
The move marks expansion of efforts of DGCX to spur trading with the new instruments. The India Gold futures contracts (DIG) and the India Rupee Quanto futures contracts (DINRI) joined the lineup of trading instruments of DGCX earlier this summer.
The Indian rupee-based instruments have traditionally performed solidly at DGCX. In the first half of 2015, DGCX’s Indian Rupee futures emerged as the key performer registering H1 volumes growth of 15% when compared with the first half of 2014.
To view the official announcement by DGCX, click here.
David Hobart
David Hobart is Managing Director of FinAffiliates Limited, the UK media group behind LeapRate, AskTraders and a network of more than 30 financial and trading titles published across several languages and regulated markets. He writes on the commercial side of the industry: broker marketing, client acquisition, affiliate strategy and the editorial standards that hold it together. He is based in North Norfolk.
