Financial consultant company Orient Global Services LLC (OGS) has announced earlier this week that its clients can now use MetaTrader 5 to access various asset classes traded on DGCX. OGS customers can now perform real-time operations on the DGCX exchange, directly from their mobile phones and tablets, via MT5's mobile app. Mr. Seraj Khan, General…
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The Dubai Gold and Commodities Exchange (DGCX) has just released its quarterly volumes report and the results is a record-breaking performance. The exchange has registered its best quarter since inception with over 7.98 million contracts traded in the third quarter of 2019, with over 2.37 million contracts traded in September, valued at USD 41 billion.…
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ASIC regulated Retail FX broker GO Markets has just announced that it has expanded into the Middle East and Northern Africa (MENA) region, operating as GO Markets MENA DMCC in Dubai, UAE. Located within the economic ‘free zone’ of the Dubai Multi Commodities Centre (DMCC), GO Markets MENA DMCC has obtained its membership with the…
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Retail forex broker FXCM Group, LLC has just announced that it has signed a Memorandum of Understanding (MoU) with The Dubai Gold and Commodities Exchange (DGCX). Both sides confirmed that they intend to launch new products on the DGCX Exchange. Les Male, Chief Executive Officer of DGCX, stated: It is our aim to ensure that we continue…
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The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) have informed that they signed a Memorandum of Understanding (MoU), agreeing to share knowledge, promote Shari’ah Compliant finance, and help foster Dubai as the global capital of Islamic economy. Abdulla Mohammed Al Awar, CEO of DIEDC, and Les Male, CEO…
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The Dubai Gold and Commodities Exchange (DGCX) and its Central Counter Party (CCP) subsidiary, Dubai Commodities Clearing Corporation (DCCC), have announced that clearing members can now deliver eligible global securities as collateral. To underpin the expansion of the collateral basket, Standard Chartered Bank will provide Custody Management Services on this additional form of collateral and…
Read moreThe Dubai Gold & Commodities Exchange (DGCX) brokerage house announced that it has launched the MetaTrader 5 platform for its clients. As an active Broker Clearing Member of the DGCX, JRG International has consistently been giving access to the DGCX’s products covering Currencies, Equities, Precious Metals and Hydrocarbons. JRG International Brokerage DMCC has over 30…
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Commodities and Forex broker INTL FCStone Inc (NASDAQ:INTL) has announced that its Dubai-based subsidiary, INTL FCStone Commodities DMCC will serve as the market maker for the Dubai Gold & Commodities Exchange (DGCX) Sharia-compliant Spot Gold contract, which will be available for trading beginning on March 29, 2018. The release of this contract is a first for DGCX, and will…
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The month of October opened on a volatile note with geo-political tensions in Europe, the US, and Asia, which led investors and traders to increasingly turn to derivative instruments to hedge and mitigate the impact of volatility. The Dubai Gold & Commodities Exchange (DGCX) witnessed increased trading volumes in its G6 currencies and Indian SSF…
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The month of July proved to be an eventful one for DGCX, the largest and the most diversified derivatives bourse in the region, as it inked pacts for greater collaboration with two leading Abu Dhabi based entities – the Abu Dhabi Securities Exchange (ADX) and Abu Dhabi Global Market (ADGM). The Exchange’s recent regulatory recognition…
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