13.10.2008 - DGCX concludes largest ever physical settlement worth $25.20m
From Dubaicityguide.com: Dubai Gold and Commodities Exchange (DGCX) announced the successful completion of its largest-ever physical settlement of gold and steel rebar futures contracts, valued at $25.20m, by the Dubai Commodities Clearing Corporation (DCCC). The transaction is a testimony to the efficient and robust settlement framework provided by DCCC, a wholly owned subsidiary of DGCX. It also reinforces the Exchange’s position as a secure marketplace used by industry participants to source their gold and steel rebar requirements..... Full Article: Source
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