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29 March 2024

DGCX sets daily volume record of contracts

Published
By Staff

Trading on the Dubai Gold and Commodities Exchange (DGCX) surged to a new daily volume high of 19,819 contracts, valued at $967.68 million on Tuesday, July 12, 2011.

The new record surpasses the previous best of 19,255 contracts set on March 1, 2010, said a press statement.

DGCX trading volumes in the first half of 2011 hit an all-time record of 1,417,223 contracts, valued at $69.1 billion, a 52 per cent growth from last year.

June witnessed the highest ever monthly volume of 268,390 contracts, valued at $12.96 billion, an increase of 40 per cent from last year. 

Established in 2005, DGCX is the region’s first derivatives exchange and the only one allowing participants to clear and settle transactions within the Gulf region.