Dubai – Mubasher: The Dubai Gold and Commodities Exchange’s (DGCX) trading volume jumped 44% in the first half of 2018.
Trading volume reached 11.3 billion shares, at a value of $250 billion during H1-18, Dubai's gold exchange said in a statement on Saturday.
The DGCX also added that 2.046 billion contracts were traded in the first six months of this year, with a 74% growth.
In June the DGCX’s trading value reached $42.3 billion, the statement showed.
“In H1-18 DGCX achieved spectacular growth and major milestones. Not only have we broken our record for the overall volume and value of contracts traded in the first six months of a year, but we’ve also set new highs in terms of Open Interest (OI) on several products,” CEO Les Male stated.
The DGCX is a subsidiary of Dubai Multi Commodities Centre (DMCC).
