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DGCX average daily volume grows 6%
Total volumes on the Dubai Gold & Commodities Exchange (DGCX) hit 1,000,174 contracts in February, with average daily volume rising six per cent from the previous month to reach 50,309 contracts per day.
DGCX’s Mini-Indian Rupee futures contract was one of the key performers of the month growing 54 per cent from January to register 145,329 contracts.
The smaller version of DGCX’s regular Indian Rupee futures contract, the Mini-Indian Rupee futures was launched in April 2013 in response to market demand for a smaller contract that allows traders to execute trading strategies without making high capital investments. DGCX today provides one of the largest liquidity pools globally for Indian Rupee futures trading.
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