| From gulfnews.com: The Dubai Gold and Commodities Exchange (DGCX) recorded the highest volumes in July, with 186,842 contracts traded reaching in excess of $12 billion, an increase of 227 per cent over last year. Total volumes recorded from January to July went up 56 per cent over the previous year. The number of traded contracts for the period reached 821,388 with a value of $ 43.3 billion.
“Interest in derivatives is certainly gaining ground in the region, as evidenced by the growing trade on DGCX,” said Malcolm Wall Morris, DGCX chief executive officer...... Full Article: Source |