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DGCX Volumes Shine Amidst Market Turmoil

Volumes on the Dubai Gold and Commodities Exchange (DGCX) crossed over 11Mn 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(Y-O-Y) 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.

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