Dubai DGCX to roll out more forex contracts next month – ZAWYA

Dubai DGCX to roll out more forex contracts next month – ZAWYA

In Q1, Dubai Gold & Commodities Exchange (DGCX) Gold Futures contract recorded volume growth of 743% compared to the same period last year, while G6 currencies recorded volume growth of 475%.. Dubai Gold and Commodities Exchange ( DGCX ) will expand its portfolio by rolling out more forex contracts next months and will emerge stronger in post-19 period, a senior official said.. "In July, we will be expanding our portfolio of currency products with FX Rolling contracts - perpetual rolling FX contracts for three currency pairs.. Despite many challenges that lie ahead, Male is confident that the bourse will emerge even stronger position as it provide its members with new opportunities to mitigate and manage their risk.. It last month recorded a surge in trading of its G6 currency portfolio, which registered year-on-year volume growth of 653.45 per cent..