DGCX records strong interest in G6 currencies

DGCX records strong interest in G6 currencies

The Dubai Gold and Commodities Exchange (DGCX) continued its strong growth trajectory during October, with its G6 currencies portfolio a standout performer during the month. The portfolio recorded an impressive year-to-date (y-t-d) volume growth of 378%, compared to same period last year. Among G6 currency pairs, Euro and British Pound Futures Contracts registered strongest performances, recording an impressive year-on-year (y-o-y) Average Daily Volume growth of 67%, and 392% respectively. Market Participants turned to alternative safe-haven assets last month, with DGCX registering a spike in trading in its Silver Futures product, recording a y-t-d volume growth of 99%, compared to same period last year. The Exchange also registered the highest volume, value and open interest (OI) in its Pound Sterling, GBP, FX Rolling