Dubai – Mubasher: Dubai Gold and Commodities Exchange’s (DGCX) lots reached 17.44 million at a value of $405 billion during 2017.
Shanghai Gold futures trading volume amounted to 34,518 contracts, calendar spreads traded volume hit 1.66 million contracts, while 54 Indian single stock futures (SSF) trading volume stood at 1.35 million contracts.
On 27 September 2017, DCGX registered its highest daily trading volume with 202,571 lots.
On a monthly basis, DCGX recorded highest traded volume with 2.07 million lots in November.
The best performing asset or product in 2017 was G6 currencies which surged 85%.
“DGCX launched an additional 44 blue-chip Indian Single Stock Futures (SSF), bringing the total to 54, further expanding its Equities product portfolio” according to its statement.
“From our achievements in 2017, it is clear we have made progress on all fronts. I believe 2017 was truly a noteworthy year in the history of DGCX, it was more like a coming-of-age experience for the DGCX,” DGCX’s CEO Gaurang Desai said.
“Similar to last year, our focus will remain on expanding our asset class verticals, growing our member base, increasing our partnerships, strengthening our capabilities, and paving the way for more accolades and regulatory recognition,” Desai added.
