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Commodities Briefing - Categorized | Commodities Exchanges, Performance more

What’s behind the remarkable growth of DGCX?

Posted on 11 June 2013

As the Dubai Gold and Commodities Exchange unveils another rise in volumes, Galen Stops looks at what is behind the exchange’s recent success. 2012 was a year that most derivatives exchanges would rather forget. But for the Dubai Gold and Commodities Exchange it was the best year ever as volumes grew 138%.
The Dubai Gold and Commodities Exchange was founded in 2005 and had been growing steadily, if not spectacularly, until the beginning of 2011. That year it more than doubled the 2010 volumes, but with 4m contracts traded for the year, it was still a small exchange………………………………………..Full Article: Source


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