DGCX Honored with Prestigious ‘EMEA Exchange of the Year’ Award

SEATTLE (Scrap Monster): The Dubai Gold and Commodities Exchange (DGCX) won the prestigious ‘EMEA Exchange of the Year’ award at the FOW Global Investor Awards 2018 held recently in London. This is the first time that DGCX has been selected for the award. The winner was selected from a pool of international exchanges based on innovations in the derivatives industry.

The exchange had upgraded its integrated trading and clearing platform from Cinnober to the latest version of TRADExpress, as part of its efforts to tap the potentials of advanced trade and market data protocols. DGCX had also launched the world’s only exchange-traded Shariah-compliant Spot Gold contract during the year, which witnessed increased investor interest from across the world.

Les Male, CEO, DGCX stated that the exchange is honored to win the esteemed award as a recognition for its performance during the past 12 months. He appreciated the hard work of members, colleagues and partners, which helped the exchange to deliver excellence in derivatives industry. DGCX is committed to offer continued innovation and excellence to its investors and traders, Male said. Furthermore, DGCX will continue its efforts to expand into diverse markets and broaden its product portfolio, he added.

Recently, the DGCX had won ‘Exchange of the Year’ 2018 Award at the Global Investor MENA Awards.