| The Dubai Gold and Commodities Exchange (DGCX) released March metrics today along with Q1 performance updates, monthly volumes showed healthy double digit growth, which we have seen become the norm in March across many different trading venues. First quarter volumes on the Dubai Gold and Commodities Exchange (DGCX) grew 11% from the Q4 2014, trading more than 3.3 million contracts valued at over US $97 billion.
The key drivers for the year-to-date growth were the Indian currency and equity products and the hydrocarbon segment. DGCX’s Indian product suite which includes the Indian Rupee and Sensex Futures registered a year-to-date growth of 11% and 20% respectively. Growth in the hydrocarbon sector was led by WTI Futures which rose by 54%, much due to the latest oil plunge which saw massive volumes as a result. (Press Release)
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