WAM | DGCX H1 volumes up 101 percent year-on-year:
"Trading volumes on the Dubai Gold and Commodities Exchange (DGCX) in the first half of 2013 registered a substantial year-on-year growth of 101 percent, a total of 7,716,340 contracts valued at $268.85bn.
The significant increase was led by currency volumes, which were up 112 percent from H1 2012.
First half currency volumes were driven mainly by the consistent growth of Indian Rupee futures. The contract registered a strong performance, jumping 95 percent from the same period last year to aggregate a value of $242.5bn. Euro futures also saw considerable growth of 280 percent ."
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