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FINANCIAL NEWS
Dubai- DGCX posts 133% hike in Jan contracts volume
06 Feb 2013
(MENAFN) Dubai Gold and Commodities Exchange’s (DGCX) CEO, Gary Anderson, stated that the number of contracts carried out in the exchange last month soared by 133 percent from 2012’s same period, reported Emirates 24/7.
Anderson said that 1,108,614 contracts were registered in the month, with a total value of USD43.55 billion.
Furthermore, the DGCX’ highest ever-average daily volume was recorded in January 2013, with 52,791 deals; moreover, the exchange registered its highest ever-average daily value, at USD2.07 billion, in the month.
Currency futures hiked 135 percent in the month in terms of volume to 1,039,602 contracts, meanwhile, Indian Rupee futures posted the highest ever monthly volume of 982,358 contracts, with a value of USD36.14 billion.
It is worth noting that Gold Futures grew by 89 percent from a year before to a total of 57,788 deals.
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