The Dubai Gold & Commodities Exchange (DGCX) has recorded a strong start to 2016 with January figures showing an Open Interest increase of 26 per cent against the same month in 2015.
The growing Open interest on the exchange u
The Dubai Gold and Commodities Exchange (DGCX) recorded its highest Open Interest (OI) of 94,056 contracts while volumes on the Exchange jumped 11 per cent from last year to top six million contracts during the first half (H1) of the year.
Dubai Gold & Commodities Exchange (DGCX), in a significant milestone, has crossed the open interest (OI) of 10,000 lots for its contracts in May. The value of the open interest is $500 million.
DGCX is the region’s first derivativ
The Dubai Mercantile Exchange (DME) said it has achieved a new record in open interest and physical delivery in its flagship DME Oman Crude Oil Futures Contract (DME Oman) this February.
The DME open interest hit a new record of 19,867 and