Dubai – Mubasher: The Dubai Gold and Commodities Exchange (DGCX) said Wednesday it recorded an overall monthly volume growth of 41% in November compared with the same month a year ago and an incremental growth of 23% in volumes on year-on-year basis.
Strong open interest and diversified growth across its asset classes has contributed to this month’s success with average daily open interest steadying at 96,011 contracts, DGCX added.
The newly launched 100 barrel WTI Mini contract has created significant traction and resulted in number of records for the contract, as both daily volumes (Increased by 95%) and open interest continued to grow and was up 108% month on month. Indian Rupee options have continued to draw appeal from market participants and is reflective in its growth of 84% compared to October 2015.
