We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

THE ECONOMY - DUBAI GOLD AND COMMODITIES EXCHANGE, DGCX

DGCX announces its achievement in 2016

Posted on 04/01/2017

Dubai Gold and Commodities Exchange, DGCX, has recorded a growth of 36% over 2015. In 2016, the Exchange reached its highest annual volume traded with an aggregate of 19.7 million contracts, valued at US $439.5 billion. The year 2016 saw substantial global volatility triggered by a series of notable events; Brexit- leading to increased volumes in the Euro and British Pound, up 8% and 167% respectively, Indian currency demonetisation along with the US election results and the recent US Fed rate ...  >>MORE

Dubai Gold and Commodities Exchange opens vital trading link to Chinese bullion

Posted on 30/10/2016

The Dubai Gold and Commodities Exchange (DGCX) announced on Saturday it has obtained a license from the Shanghai Gold Exchange (SGE) to list Shanghai Gold Futures on its exchange. It will be the first Yuan-denominated gold future product to be offered outside of China and it will use the Shanghai Gold Benchmark Price as its pricing mechanism. The aim of the listing is to create further economic development and cooperation between China and Dubai through the precious metals trade. The gold ...  >>MORE

DGCX volumes shine amidst market turmoil

Posted on 03/08/2016

Volumes on the Dubai Gold and Commodities Exchange, DGCX, crossed over 11 million contracts this year, growing 49% from last year. The overall volumes in July 2016 touched 1,674,268 contracts, registering a massive year-on-year increase of 47%, driven largely by elevated trade volumes across precious metals, currencies, equities and hydrocarbon segments. The exchange also recorded the highest monthly overall Average Open Interest, OI, of 257,249 contracts in July 2016. July 26th, 2016, was a ...  >>MORE

DGCX scales new volume records amidst global market volatility

Posted on 05/07/2016

As uncertainty over Brexit vote and its after effects on the global markets continue to unfold, trading volumes on the Dubai Gold and Commodities Exchange, DGCX, recorded an all-time high, exceeding 9.5 million contracts in the first half of this year. This marks the highest half-yearly trading volume recorded for the Exchange, growing 49.64% over the same period last year. On June 24th, the Exchange recorded the highest ever daily volume with 150,570 contracts valued at US$3.55 bn. Gaurang ...  >>MORE

DGCX lists Dubai India Crude Oil Quanto futures

Posted on 04/07/2016

The Dubai Gold and Commodities Exchange (DGCX) yesterday said it has listed the Dubai India Crude Oil Quanto Futures (DICO) on 1st July. The key benefit of this product is that it allows participants to trade in a Crude Oil futures benchmark referencing the Indian Rupee, whilst trading in US Dollars. The exchange said that the development of the contract and the subsequent decision to list it was made following strong demand from our market participants. "The new India Crude oil contract, ...  >>MORE

DGCX witnesses strong upswing across precious metals, hydrocarbon and equities segments trading in May

Posted on 03/06/2016

The Dubai Gold and Commodities Exchange, DGCX, has witnessed a strong upswing across its precious metals, hydrocarbon and equities segments trading during May. The exchange recorded an aggregate of 1.5 million contracts in May, growing 55 percent from last year, while Year-To-Date, YTD, volumes saw an increase of 47 percent from last year, trading over 7.7 million contracts so far this year. DGCX recorded a sharp increase in its monthly Average Open Interest (OI) of 118,000 contracts, a ...  >>MORE

DGCX crosses 6 million contracts

Posted on 03/05/2016

The Dubai Gold and Commodities Exchange (DGCX) has crossed 6 million contracts in April 2016, growing 45% over the same period last year whilst maintaining a steady Average Daily Open Interest of 109,487 contracts. Growth was primarily driven by DGCX's currency segment, which saw a substantial increase of 43% compared to the same period last year trading 5,740,764 contracts on a Year-to-date (YTD) trading basis. The G6 currency pair futures saw highs of 122,109 contracts with Euro and British ...  >>MORE

DCCC expands Collateral Basket to include major G6 currencies

Posted on 29/03/2016

The Dubai Commodities Clearing Corporation (DCCC), the central counter-party (CCP) for the Dubai Gold & Commodities Exchange (DGCX), announced that Clearing members will now be able to deposit cash collateral to the Corporation in the form of Euro, UK Pound (GBP) and Japanese Yen (JPY) in addition to UAE Dirhams (AED) and U.S. dollars. This new FX collateral service will allow clearing members to utilise these currencies against their Margin commitments without having to actually convert these ...  >>MORE

DGCX records strong start to 2016 with launch of Equity futures

Posted on 05/02/2016

The Dubai Gold and Commodities Exchange (DGCX) has recorded a strong start to 2016 with January figures showing an Open Interest increase of 26% against January 2015. The growing Open interest on the exchange underlines the opportunity that DGCX is presenting to regional investor population as a fully-regulated platform that can be used to hedge risk in the face of continuing economic volatility. January numbers reflect the increasing use of derivatives to hedge foreign exchange (FX) ...  >>MORE

DGCX celebrates 10th anniversary on a record-breaking note with its highest-ever trading volume

Posted on 12/01/2016

The Dubai Gold and Commodities Exchange, DGCX, announced yesterday that it concluded the fiscal year with record-breaking trading volumes of over 14.5 million contracts, an increase of 23 percent compared with 2014. The month of December saw the DGCX open for Dubai Spot Gold contracts enabling investors to buy and sell physical 1kg bars on the exchange for the first time. The Spot Gold Contract has successfully completed its inaugural physical delivery cycle through DMCC Tradeflow's electronic ...  >>MORE

Trading volumes increase by 41 % as DGCX celebrates 10th anniversary

Posted on 10/12/2015

As the Dubai Gold and Commodities Exchange (DGCX) celebrated its 10th anniversary on 21st November, stellar volumes proved to be indicative of the Exchange's success over the past decade. The Exchange recorded an overall monthly volume growth of 41% vs. Nov 2014 and an incremental growth of 23% in volumes on year-on-year basis. Strong Open Interest and diversified growth across its asset classes has contributed to this month's success with average daily open interest steadying at 96,011 ...  >>MORE

DGCX to launch Chinese Yuan Futures next month

Posted on 27/11/2015

The Dubai Gold and Commodities Exchange, DGCX, is scheduled to launch Chinese Yuan Futures on 18th of next month, subject to regulatory approvals, as part of the exchange's efforts to make the Yuan accessible to regional and global participants as China prioritises its internationalisation and is currently the fourth most traded currency in the world. The contract will be financially settled on the same day as offshore equity index futures, and will hold a value of US$ 50,000. It will also ...  >>MORE

DGCX Q3 volumes up 36 percent with trading in gold leading the way

Posted on 06/10/2015

Continued concerns over Chinese growth and expectations of an upcoming interest rate hike by the US Federal Reserve have led risk-averse investors to hedge their risks and trade derivatives products on UAE's leading derivatives bourse, Dubai Gold and Commodities Exchange, DGCX,. The Exchange's trading volumes in Q3 2015 grew 36 percent from Q2, trading 4,142,368 contracts. The Exchange also saw a year-on-year increase of 29 percent, trading 1,461,264 contracts in September 2015. The Exchange ...  >>MORE

DGCX Volumes records two-year high with 1.5 million contracts in August

Posted on 02/09/2015

Increased volatility in global markets over the past month has led trading volumes on UAE's leading derivatives bourse, Dubai Gold and Commodities Exchange, DGCX, to rise considerably, raking in multiple records. The monthly trading volumes on the exchange grew by 35%, trading 1,538,636 contracts, recording an all-time high in two years. DGCX also registered a year-on-year growth of 67% and year-to-date growth of 18%. The overall Average Daily Volumes (ADV) reached 73,268 contracts in the ...  >>MORE

DGCX records 15% growth in daily volumes and highest monthly open interest in July

Posted on 04/08/2015

The Dubai Gold and Commodities Exchange (DGCX) has registered 11% YTD (year-to-date) volumes growth from the same period last year, trading over 7.5 million contracts. The Exchange also recorded the highest average monthly Open Interest (OI) in July 2015 with 78,391 contracts, beating the previous high of 59,688 contracts in March 2015. The growth in OI was driven by strong performance in the Exchange's emerging markets contracts particularly on the newly launched Quanto products. A key ...  >>MORE

DGCX reports exceptional H1 2015 with new milestones

Posted on 08/07/2015

DGCX recorded the highest Open Interest (OI) ever in its 10 year history, driven by the strong performance of its emerging market contracts; first half volumes on the Exchange jumped 11% from last year to reach over six million contracts. The Exchange ended H1-2015 with trading volumes of more than 6.4 million contracts, valued at over US$185 billion. DGCX's Indian Rupee futures emerged as the key performer registering H1 volumes growth of 15% from 2014. Brisk trading in the contract led to ...  >>MORE

DGCX launches 4 new products

Posted on 04/06/2015

The Dubai Gold and Commodities Exchange, DGCX, yesterday announced that it will launch three new unique contracts; India Gold Quanto Futures, Indian Rupee Quanto Futures and Mini Dubai Polypropylene Futures. The Exchange will also upsize its existing Plastics Futures with the new contracts which will go live on June 5. A quanto is a type of derivative in which the underlying is denominated in one currency, but the instrument itself is settled in another currency at some fixed rate.. The launch ...  >>MORE

DGCX introduces data enriched Website

Posted on 01/06/2015

The Dubai Gold and Commodities Exchange, DGCX, has announced the launch of Market Watch, a content rich micro-website that provides in-depth analysis of trading data and price movements of DGCX products, along with charts and market depth features. Market Watch can be accessed from the main DGCX website. The new live stream features delayed quotes for all of the contracts traded on DGCX, including the best five prices and last five traded prices, with quantity and number of orders for each ...  >>MORE

DGCX signs MoU with China Futures Association

Posted on 29/05/2015

The Dubai Gold and Commodities Exchange, DGCX, has further expanded its relationship with the Chinese derivatives market with the signing of a Memorandum of Understanding with the China Futures Association, CFA. The agreement seeks to enhance ties between the markets of China and the UAE, with a focus on increasing interaction between key players in the derivatives industry, both in the private and public sectors. Gaurang Desai, Interim Chief Executive Officer of DGCX, said, "We are delighted ...  >>MORE

DGCX and Bank of China sign MoU

Posted on 28/05/2015

The Dubai Gold and Commodities Exchange, DGCX, yesterday announced the signing of an MoU with the Bank of China, BOC. The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China. The MoU paves the way for greater exchange of market information and industry best practices between the two institutions. The leadership role that both institutions play in their respective ...  >>MORE

DGCX sets several records in the first quarter

Posted on 13/04/2015

First quarter volumes on the Dubai Gold and Commodities Exchange, DGCX, grew 11% from the last quarter, trading more than 3.3 million contracts valued at over US$ 97 billion. DGCX also recorded an all-time high Open Interest, OI, in the first quarter, growing 73% from Q1 2014. In March, DGCX recorded the highest average OI of 59,688 contracts. The key drivers for the year-to-date growth were the Indian currency and equity products and the hydrocarbon segment. DGCX's Indian product suite which ...  >>MORE

DGCX records 3 percent year-to-date growth

Posted on 11/03/2015

Volumes on the Dubai Gold and Commodities Exchange, DGCX, grew 3 percent from the same period last year, trading 929,152 contracts in February valued at US$35 billion. DGCX's Indian Equities portfolio was a strong performer, growing 22 percent from the previous year. Sensex Futures grew 20 percent year-on-year and 10 percent 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 ...  >>MORE

DGCX Gold Volumes grow 14% in December

Posted on 19/01/2015

Gold trading volumes on the Dubai Gold and Commodities Exchange, DGCX, reached 41,945 contracts in December, registering a significant growth of 14% year-on-year. In December 2014, DGCX volumes witnessed growth of 25% over the same period the previous year, recording total monthly volume of 962,438 contracts valued at US$27.84 billion. The Exchange's average daily volume, ADV, grew 19% year-on-year reaching 45,830 contracts in December 2014. The currency segments led the year-on-year growth ...  >>MORE

DGCX launches three new Emerging Market currency futures

Posted on 30/12/2014

Expanding its suite of Emerging Market (EM) products, the Dubai Gold and Commodities Exchange, DGCX, yesterday announced the launch of three new currency contracts – Russian Ruble Futures, Korean Won Futures and South African Rand Futures. The new contracts went live on Friday, December 26th. The new EM currency contracts will provide DGCX market participants with additional tools to manage their price risk and exposure to foreign currencies as well as provide new arbitrage opportunities. ...  >>MORE

Nanhua Futures joins DGCX as Broker Member

Posted on 18/12/2014

The Dubai Gold and Commodities Exchange, DGCX, announced yesterday that Nanhua Futures Hong Kong, a wholly-owned subsidiary of Nanhua Futures (China), the leading Chinese overseas futures company, has been approved as a Broker Member of the Exchange. Since its establishment in 1996, Nanhua Futures (China) has been actively involved in both commodity and financial futures brokerage services. The company maintains full member status of Shanghai Futures Exchange, Zhengzhou Commodity Exchange and ...  >>MORE

DGCX Gold Futures climb 22 percent in November

Posted on 17/12/2014

November volumes on the Dubai Gold and Commodities Exchange, DGCX, grew 19 percent from the same period last year, trading 981,925 contracts, valued at US$28.5 billion. DGCX's flagship contract, Gold Futures, traded 46,066 contracts in November, recording a significant growth of 22 percent year-on-year and rising 39 percent from last month. DGCX's currency segment grew 18 percent year-on-year, accounting for 93 percent of the total monthly volume with 910,608 contracts traded. The Exchange ...  >>MORE

DGCX named Exchange of the Year for second year running

Posted on 12/12/2014

The Dubai Gold and Commodities Exchange, DGCX, has been named Exchange of the Year 2014 in the Middle East and Australia by Futures and Options World, FOW, a leading global derivatives magazine. The award is given to an exchange that demonstrates tangible innovation and growth. DGCX received the jury's nod for its exceptional volumes growth and product innovation this year, and was handed over at an awards ceremony held in London on 9th December. Gaurang Desai, Interim CEO of DGCX, said, "We ...  >>MORE

DGCX volumes grow 18 per cent in July

Posted on 11/08/2014

Trading volumes in the Dubai Gold and Commodities Exchange (DGCX) grew 18per cent in July from previous month, trading 992,061 contracts, valued at US$ 29.95 billion. DGCX Gold Futures traded 39,536 contracts in July, growing 15per cent year-on-year and 10per cent month-on-month. The metals segment grew 24per cent year-on-year with Silver futures witnessing year on year growth of over 300per cent. In the currency segment, Indian Rupee Futures grew 22per cent from last month, while Mini Indian ...  >>MORE

DGCX crosses five million contracts in the first half of 2014

Posted on 16/07/2014

Dubai Gold and Commodities Exchange (DGCX) crossed five million contracts in the first half of the year. The Exchange ended H1 2014 having registered more than 5.75 million contracts, with a value of over US$172 billion. Currency futures traded 5.34 million contracts in H1, valued at US$157 billion. Precious metal contracts were the highlight of the first half, growing 7% from last year to a total of 283,138 contracts, valued at US$11 billion. Other contracts that performed well in H1 ...  >>MORE

DGCX to relist Indian Rupee Options contract on July 18

Posted on 10/07/2014

Dubai Gold and Commodities Exchange, DGCX, yesterday announced the re-listing of its Indian Rupee Options contract, which was temporarily suspended in 2012 to facilitate migration to a new trading infrastructure, will restart trading on July 18. DGCX's new advanced trading infrastructure, built in partnership with leading global financial technology provider Cinnober, will support heightened trading in the options contract. The new EOS platform provides the Exchange the ability to support high ...  >>MORE

DGCX volumes surge 24 percent in May

Posted on 06/06/2014

May trading volumes on the Dubai Gold and Commodities Exchange, DGCX, recorded robust growth of 24% from the previous month, aggregating 1,017,991 contracts valued at US$ 31.5 billion. The currency segment was the key driver of volume growth, trading 923,491 contracts to record a month-on-month increase of 22%. Among the currency pairs, Indian Rupee Futures grew 25% from last month, trading 809,285 contracts. Mini Indian Rupee futures traded 105,421 contracts, up 4%. Volumes on SENXEX Futures ...  >>MORE

DGCX Gold Futures shone in March

Posted on 10/04/2014

Gold futures volume on the Dubai Gold and Commodities Exchange, DGCX, grew 32% in March from the same month last year to record its highest monthly volume in 12 months. The contract's exceptional performance saw DGCX's precious metals segment registering year-on-year growth of 38%. Total volumes in March increased 2% from the previous month to aggregate 1,023,410 contracts, valued at USD 30.15 billion. The growth in March enabled the Exchange's first quarter volumes to cross three million ...  >>MORE

Tabreed's annual general assembly approves 5 fils per share

Posted on 26/03/2014

The Annual General Assembly (AGA) of National Central Cooling Company PJSC (Tabreed), the leading Abu Dhabi-based district cooling utility infrastructure company, yesterday approved a dividend distribution of 5 fils per share. Shareholders also voted to approve all resolutions tabled at the meeting including the appointment of Tabreed's Board of Directors who will represent the company for the next three years. Current Board members Waleed Ahmed Al Mokarrab Al Muhairi, Khaled Abdulla Al ...  >>MORE

DGCX average daily volume grows 6 percent in February

Posted on 19/03/2014

Total volumes on the Dubai Gold and Commodities Exchange (DGCX) hit 1,000,174 contracts in February, with the average daily volume rising 6 percent from the previous month to 50,309 contracts per day. DGCX's Mini-Indian Rupee futures contract was one of the key performers of the month, growing 54 percent from January to register 145,329 contracts. The smaller version of DGCX's regular Indian Rupee futures contract, the Mini-Indian Rupee futures was launched in April 2013 in response to market ...  >>MORE

DGCX and China's Dalian Commodity Exchange simultaneously launch plastics futures

Posted on 27/02/2014

The Dubai Gold and Commodities Exchange (DGCX) and Dalian Commodity Exchange (DCE) yesterday announced the simultaneous launch of their respective polypropylene futures contracts at the Middle East Plastics Seminar in Dubai. The concurrent launch of both the Exchanges' contracts is designed to raise substantial liquidity for global trading of the products. The contracts will go live on Friday. DGCX and DCE have been working closely to develop plastics contracts following the signing of a ...  >>MORE

DGCX records robust start to 2014

Posted on 07/02/2014

The Dubai Gold and Commodities Exchange (DGCX) recorded a robust start to the year, with a total of 1,043,200 contracts traded in January, an increase of 36% over December 2013. Currencies were the primary driver of January's growth, growing 37% month-on-month and aggregating 981,104 contracts. Leading the currency volume rise was Indian Rupee Futures, one of DGCX's flagship products, which was up 36% from December 2013. Mini INR also registered a significant month-on-month increase of 51%, ...  >>MORE

UAE pearl trade grows by 15%

Posted on 29/12/2013

While the pearl trade across the UAE has grown at an average of 15 per cent in the last four years, pearl business should receive better support from government, Mohammad Al Suwaidi, Operations Manager of RAK Pearls, told Gulf News. "The opportunities for UAE pearl businesses in the international pearl market is quite high and will explore potential opportunities across the pearl industry value chain,” he said. However, he said that to encourage the growth of this industry, there should be ...  >>MORE

DGCX named Exchange of the Year 2013

Posted on 18/12/2013

Dubai Gold and Commodities Exchange (DGCX) has emerged as a big winner at the Futures and Options World International Awards, picking up two major industry awards. DGCX was named "Exchange of the Year 2013" in the Middle East and Africa, and its EOS trader platform was recognised as the "Best Technology Innovation by an Exchange" in Asia, Australasia, Middle East and Africa. This is the second time in two months that DGCX has been recognised by Futures and Options World for its growth and ...  >>MORE

DGCX year-to-date volumes up 51% in November

Posted on 11/12/2013

Year-to-date volumes on the Dubai Gold & Commodities Exchange (DGCX) increased by 51 per cent in November, with over 12.9 million contracts. Leading the volumes surge was the currency sector, which registered a year-to-date rise of 55 per cent. In November, DGCX accounted for 40 per cent of the total value of the Indian Rupee futures traded globally on exchange, the highest market share of any exchange. The Exchange's flagship product also saw a six per cent month-on-month and a 43 per cent ...  >>MORE

DGCX to launch Plastic Futures Contract for Polypropylene

Posted on 20/11/2013

Dubai Gold and Commodities Exchange (DGCX) yesterday announced it will launch its new plastics futures contract on February 28, 2014. The contract is designed to provide enhanced liquidity in the global trade of plastics and will be the first ever plastics contract to be listed in the MENA region. The new DGCX Polypropylene plastic futures contracts will create a transparent market and new pricing benchmark for the MENA region. The contract is sized at 5 metric tons (MT), with the contract ...  >>MORE

DGCX volumes rise 56%

Posted on 12/11/2013

Year-to-date volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 56 per cent in October from the same period last year to total 12.17 million contracts, valued at US$25 billion. Among the key highlights of October trading was the robust growth of precious metals contracts. Gold Futures volumes increased 60 per cent from last month to reach 45,928 contracts while silver futures rose 88 per cent, hitting its highest monthly volume of 2,882 contracts this year. October trading volumes ...  >>MORE

Page: 1 | 2 | 3 | 4

RETURN TO TOP | WAM UP TO THE MINUTE NEWS

Quick List

DGCX announces its achievement in 2016


Dubai Gold and Commodities Exchange opens vital trading link to Chinese bullion


DGCX volumes shine amidst market turmoil


DGCX scales new volume records amidst global market volatility


DGCX lists Dubai India Crude Oil Quanto futures


DGCX witnesses strong upswing across precious metals, hydrocarbon and equities segments trading in May


DGCX crosses 6 million contracts


DCCC expands Collateral Basket to include major G6 currencies


DGCX records strong start to 2016 with launch of Equity futures


DGCX celebrates 10th anniversary on a record-breaking note with its highest-ever trading volume


Trading volumes increase by 41 % as DGCX celebrates 10th anniversary


DGCX to launch Chinese Yuan Futures next month


DGCX Q3 volumes up 36 percent with trading in gold leading the way


DGCX Volumes records two-year high with 1.5 million contracts in August


DGCX records 15% growth in daily volumes and highest monthly open interest in July


DGCX reports exceptional H1 2015 with new milestones


DGCX launches 4 new products


DGCX introduces data enriched Website


DGCX signs MoU with China Futures Association


DGCX and Bank of China sign MoU


DGCX sets several records in the first quarter


DGCX records 3 percent year-to-date growth


DGCX Gold Volumes grow 14% in December


DGCX launches three new Emerging Market currency futures


Nanhua Futures joins DGCX as Broker Member


DGCX Gold Futures climb 22 percent in November


DGCX named Exchange of the Year for second year running


DGCX volumes grow 18 per cent in July


DGCX crosses five million contracts in the first half of 2014


DGCX to relist Indian Rupee Options contract on July 18


DGCX volumes surge 24 percent in May


DGCX Gold Futures shone in March


Tabreed's annual general assembly approves 5 fils per share


DGCX average daily volume grows 6 percent in February


DGCX and China's Dalian Commodity Exchange simultaneously launch plastics futures


DGCX records robust start to 2014


UAE pearl trade grows by 15%


DGCX named Exchange of the Year 2013


DGCX year-to-date volumes up 51% in November


DGCX to launch Plastic Futures Contract for Polypropylene


DGCX volumes rise 56%