DGCX Total Traded Value Surpassed $150 Billion

SEATTLE (Scrap Monster): The Dubai Gold & Commodities Exchange (DGCX) published full-year market statistics for 2021.

The exchange traded 7,076,350 contracts during the year, with total value of contracts amounting to $149.676 billion. The average open interest (AOI) and average daily volume (ADV) for the year stood at 165,663 lots and 27,322 lots respectively. The highest daily volume of 121,570 lots was reported on 26^th February, 2021. The best performing product during the year was the Indian Rupee Options (DINRO) Futrures Contract, with trading recording a spike of 1,233% over the previous year.

The DGCX trading remained robust in December 2021. The trade volumes exceeded 727,784 million contracts, primarily led by Indian Rupee Future Contract.

Commenting on its performance during the year, Les Male, CEO, DGCX said that the exchange diversified its product portfolio by launching new contracts such as the PKR Futures Contract as well as expanding its footprint into the Israeli market. The exchange continued to focus on upgrading its system capabilities and technology infrastructure. The planned integration with Nasdaq is set to complete in Q2 2023. DGCX is committed to launch more innovative futures contracts that will create value for market participants, Male added.

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