Tag: Dubai Gold & Commodities Exchange

January 02, 2019 BY Valentina Kirilova

DGCX breaks annual volumes record, up 28% YoY

The Dubai Gold & Commodities Exchange (DGCX) has just announced a highly successful 2018. The exchange broke its annual volumes record, trading 22.26 million contracts, up 28% YoY. The total value of the contracts was USD 474.94 billion (previous highest value of USD 448 billion was traded back in 2013). Average Daily Volumes (ADV) were…

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May 30, 2018 BY Valentina Kirilova

Dubai DGCX broker JRG International launches MT5

The 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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November 01, 2017 BY Valentina Kirilova

DGCX volumes grow in currencies and stock futures in October

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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May 08, 2017 BY admin

Dubai Commodities Clearing Corporation launches new risk management system

The Dubai Commodities Clearing Corporation (DCCC), the leading Central Counter Party (CCP) in the region and a wholly owned subsidiary of the Dubai Gold & Commodities Exchange (DGCX), has announced the launch of a state-of-the-art Risk Management System (RMS) called ActiveRisk. ActiveRisk, developed by Chella Software (CSPL), has been deployed by DCCC with the primary…

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March 08, 2017 BY admin

Trading Technologies connects to Dubai Gold & Commodities Exchange

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, today announced Trading Technologies now offers connectivity to Dubai Gold & Commodities Exchange (DGCX) through its TT trading platform. With this new connection, commodity and currency derivatives traders can utilize TT’s robust functionality, including the TT Mobile applications for iOS and Android…

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February 27, 2017 BY Valentina Kirilova

Envision Training Centre and DGCX launch first UAE Trading Campus

Envision Training Centre and the Dubai Gold & Commodities Exchange (DGCX), a DMCC entity, announced the launch of Trading Campus, a new initiative designed to educate financial market professionals. The DGCX and Envision collaboration will provide a combination of practical workshops and lectures which aim to equip students with the knowledge and expertise needed to…

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December 06, 2016 BY Valentina Kirilova

Dubai Exchange with record volumes on its 11th anniversary

Dubai Gold & Commodities Exchange (DGCX) celebrated its 11th anniversary on November 21, 2016, delivering a stellar year-to-date growth of 38%, trading over 18.3 million contracts. Strong Open Interest and growth across its asset classes contributed to this month’s success with monthly overall Open Interest aggregating at 546,999 contracts valued at US$ 8.33 billion. The…

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November 15, 2016 BY Valentina Kirilova

DGCX introduces ICBC as a clearing and settlement bank

Dubai Gold & Commodities Exchange (DGCX) has announced that Industrial and Commercial Bank of China Limited (ICBC) has joined as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) - a wholly owned subsidiary of DGCX that acts as a central counterparty for all trades executed on the Exchange. With the addition of ICBC, DCCC…

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April 13, 2016 BY Maria Nikolova

DGCX signs MoU with Industrial and Commercial Bank of China

The Dubai Gold & Commodities Exchange (DGCX) today announced that it has inked a Memorandum of Understanding (MOU) with Industrial and Commercial Bank of China Limited (ICBC). The agreement paves way for both institutions to co-operate in the areas of product development and on the potential provision of banking services that are vital for supporting…

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