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DGCX records 3pc year-to-date growth

DUBAI, March 10, 2015

Volumes on the Dubai Gold & Commodities Exchange (DGCX) grew 3 per cent in February from the same period last year trading 929,152 contracts valued at $35 billion.

DGCX’s Indian equities portfolio was a strong performer, growing 22 per cent from the previous year. Sensex futures grew 20 per cent year-on-year and 10 per cent from the previous month.

Another key performer this month was the Indian Rupee Options which recorded an all-time high volume and value, trading 7,200 contracts valued at $1.18 million and growing 103 per cent month-on-month.

The Indian Rupee Options achieved significant results, recording the highest ever Open Interest of 4,597 contracts on February 25 and highest ever volume of 1,212 contracts on February 27. The options contract also recorded the highest ever average daily open interest of 2,456 contracts in February 2015.

The hydrocarbon segment also performed well, registering a growth of 130 per cent year-on-year. WTI crude oil recorded highest monthly volume of 3,588 contracts since September 2011 growing 32 per cent month-on-month and 154 per cent from the previous year. – TradeArabia News Service




Tags: DGCX | Dubai Gold & Commodities Exchange |

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