Sunday 1 September 2019

#UAE’s DGCX trades $52.72bln contracts in August | ZAWYA MENA Edition

UAE’s DGCX trades $52.72bln contracts in August | ZAWYA MENA Edition:

The Dubai Gold and Commodities Exchange (DGCX) announced it has traded 3.22 million contracts in August at a value of $52.72 billion, versus 2.38 million contracts traded in July.

This is the first time for the DGCX to trade over 3 million contracts in a month, according to a press release.

The exchange has also marked its all-time high daily volume on 5 August after trading over 220,000 contracts with a notional value of $3.86 billion, the release noted.

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