Dubai - Mubasher: The Dubai Gold and Commodities Exchange (DGCX), a fully-owned subsidiary by the Dubai Commodities Clearing Corporation (DCCC), has upgraded its integrated trading and clearing solution from Cinnober to the latest version of the TRADExpress platform.
This step aims at enhancing and increasing the speed of DGCX’s business development capabilities, according to an official statement released on Wednesday.
“With this upgrade, we are benefiting from a cutting-edge exchange and clearing technology and preparing for further growth. The launch was smooth, operations have been enhanced, and we have seen great results for member accessibility and connectivity,” CEO of DGCX Les Male commented.
DGCX also launched the first exchange-traded Sharia Compliant Spot Gold contract (DGSG) in the Middle East and the World.
“DGCX has always been very agile and responsive to its market, continuously launching new innovative products to serve client needs,” CEO of Cinnober Veronica Augustsson said.