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Dubai commodity derivatives bourse crosses $1 trillion mark

Posted on 14 May 2013

The Dubai Gold and Commodities Exchange (DGCX) said Monday it reached in April a total trading volume of 24.5 million contracts, valued at 1.025 trillion U.S. dollars and a first since the market’s inception in 2005.
The DGCX said in an e-mailed statement the major milestone achieved in its eighth year of operation, comes on the back of a substantial year-on-year volumes growth of 139 percent in April. Volumes in April totalled 1,336,942 contracts, valued at 48.73 billion dollars………………………………………..Full Article: Source


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