Trading software developer MetaQuotes Software and the Dubai Gold and Commodities Exchange (DGCX) have taken their partnership to a new level, as the new single stock futures that DGCX launched in January 2016 are now available to trade via MetaTrader 5 (MT5).
The Exchange currently offers 15 single stock futures of five US and ten Indian blue chip companies, including Apple, Microsoft, Facebook, Tata Motors, and State Bank of India. The venue plans to increase the number to 100 by the end of the year. For DGCX traders, this is an opportunity to diversify their portfolio and reduce costs.
Gaurang Desai, Chief Executive Officer of the DGCX, says,
“We are delighted that the partnership between DGCX and MetaQuotes Software is getting stronger and we look forward to expanding our shared community. Trading SSF contracts via the MetaTrader 5 platform will attract a lot of investors from the Middle East and North Africa, as it is primarily aimed to bring global products for the regional customers and provide unmatched cost efficiencies”.
Manoj Choudhary, Head of MetaQuotes Software UAE office, says,
“We are pleased that MetaTrader 5 provides a ready-made solution for trading DGCX innovative products. Brokers can expand their services and offer their customers new opportunities”.
You can view the full announcement from MetaQuotes by clicking here.