DGCX August volumes soar on Shariah partnershipDubai Gold and Commodities Exchange (DGCX) said it has recorded its highest ever daily Indian Rupee (INR) volume, trading 126,055 contracts on August 13. On the same day, the DGCX’s overall volume t More… |
DGCX spot gold sees record volumes on trading dayThe GCC’s first and the world’s only Shari’ah Compliant Spot Gold contract (DGSG), was listed on the DGCX, the region’s largest and most diversified derivative bourse, on March 29. The contract opened with world-record More… |
DGCX’s INR Quanto Futures wins innovation awardIndian Rupee Quanto futures contract of the Dubai Gold and Commodities Exchange (DGCX) has been recognised as the Most Innovative New Contract in the Currency category at this year’s Futures and Options World (FOW) Awards Asia, the derivat More… |
Indian rupee ‘unlikely to recover aaginst dollar’The Indian rupee is unlikely to regain ground against the US dollar over the next year as a wide current account deficit and weak reserves weigh on the currency, while the Chinese yuan will strengthen a little to fresh record highs, a Reuters po More… |
DGCX volumes double in H1Trading volumes on the Dubai Gold and Commodities Exchange (DGCX) in the first half of the year registered a year-on-year growth of 101 per cent, reaching 7.71 million contracts valued at $268.85 billion. The significant increase More… |
DGCX to list Sensex futures for tradingThe Dubai Gold and Commodities Exchange (DGCX) is set to launch a futures contract based on Sensex, the blue-chip stock index of India’s Bombay Stock Exchange (BSE). The US dollar-denominated contract will be formally listed More… |
DGCX launches new Indian rupee contractThe Dubai Gold and Commodities Exchange (DGCX) has launched a mini Indian rupee futures contract (DINRM), in a bid to further expand the reach of its Indian rupee product offering. The first-of-its-kind to be introduced in the reg More… |
Emirates Islamic launches new forex servicesUAE-based Emirates Islamic Bank has today announced the launch of the first of a series of initiatives aimed at providing customers with market leading foreign exchange services. Faisal Aqil, deputy CEO, Consumer Wealth Management More… |
DGCX sees record monthly volume in FebThe Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, has posted a monthly record of 1,157,340 contracts, valued at $44.16 billion, in February. The month also saw the highest ever average More… |
Dubai gold futures surge 111pcDubai Gold and Commodities Exchange (DGCX) said the gold futures, its flagship product, grew 111 per cent in June to hit 60,353 contracts driven by significant surges in gold and Indian Rupee futures trading. The exchange also registered i More… |