DGCX Declared Prestigious Winner of Global Investor ‘Exchange of the Year’ Award

SEATTLE (Scrap Monster): The Dubai Gold and Commodities Exchange (DGCX) was awarded the prestigious ‘Exchange of the Year’ Award at the Global Investor MENA Awards 2018. This is the second consecutive time that DGCX has been selected for the award. The award recognizes the exchange’s outstanding performance over the past twelve months, beating all other exchanges in the region.

The DGCX outclassed all other exchanges not only in terms of diversity of traded contracts, but also in their traded volume. Over the past twelve months, the exchange traded over 19.3 million contracts, registering the highest ever yearly traded volumes. The value of trades exceeded $441 billion. The exchange also led from the front by launching a number of innovative products to satisfy rising customer needs and several associated services. It also brought about significant enhancements to trading platform by introducing state-of-the-art technologies across various platforms.

Les Male, CEO, DGCX stated that the exchange is honored to have received the prestigious award, second time in a row. 2018 has been a significant year for the exchange in terms of growth, evolution and innovation. The DGCX achieved a major milestone in November by breaking its all-time annual volumes. The year-to-date traded contracts volume surged higher by 27% year-on-year tot total 20.3 million, Male added.