DGEX-001

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  • 8/6/2019 DGEX-001

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    DGCX!May!Volumes!Surge!70!%!Year"on"Year!to!Reach!237,920!contracts!!

    Year!to!date"volumes"climb"55%"to"aggregate"over"1.148"million"contracts" Gold"and"Silver"futures"register"39%"and"46"%"growth"respectively" Indian"Rupee"futures"continue"high!growth"trend"with"1,413%"rise"

    !

    Dubai,! June! 6,! 2011:!DGCX! volumes! in!May! registered!a!70%! year"on"year! increase! to! reach!

    237,920!contracts!valued!at!US!$!11.76!billion,!the!highest!monthly!value!ever.!Precious!metals!

    and!Indian!Rupee!futures!were!the!standout!performers!of!the!month.!

    !

    Year"to"date!volumes!on!the!Exchange!climbed!55%!to!total!1,148,833!contracts!while!year"to"

    date!average!daily!volumes!also!rose!53%!to!touch!10,941!contracts.!

    !

    Gold! futures! sustained! their! solid! growth! in! 2011! to! rise! 39%! year"on"year,! reaching! 60,638!

    contracts.!Silver!futures!also!contained!to!grow!up!46%!to!touch!7,937!contracts.!!

    !

    Currency! futures! accounted! for! almost! 70%! of! the! months! volumes.! Year"to"date! currency!

    volumes! increased! 72%! to! reach! 874,609! contracts.! Indian! Rupee! Futures! sustained! its!high"

    growth!trend!expanding!by!1,413%!over!the!same!period!last!year.!!

    !

    Volumes!for!DGCX!Euro/Dollar!and!Yen/Dollar!futures! increased!3%!and!56%!on! last!month!to!

    reach! 14,508! and! 1,947! contracts! respectively,!while! Sterling/Dollar! declined! 44%!month"on"

    month!to!reach!6,006!contracts.!!Australian!Dollar,!Canadian!Dollar!and!Swiss!Franc!grew!35%,!

    277%! and! 131%! from! April! to! aggregate! volumes! of! 4,951,! 1,223! and! 5,525! contracts!

    respectively.!

    !

    Meanwhile,!WTI!crude!futures!grew!36%!from!last!month!to!reach!4,190!contracts.!!

    !

    ends!

    !

    !

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    Further!Information:!

    About!DGCX:"Established"in"2005,"DGCX"is"the"regions"first"derivatives"exchange"and"the"only"one"allowing"participants"to"clear"and"settle"transactions"within"the"Gulf"region."The"Exchange"

    has"played"a"pioneering"role"in"developing"the"regional"market"for"derivatives.""DGCX"is"a"Dubai"

    Multi"Commodities"Centre"(Dubai"Government)"initiative"in"partnership"with"Financial"

    Technologies"(India)"Limited"and"Multi"Commodity"Exchange"of"India"Limited"(MCX)."It"is"an"

    electronic"commodity"and"currency"derivatives"exchange"with"230"members"from"across"the"

    globe,"offering"futures"and"options"contracts"covering"the"precious"metals,"energy"and"currency"

    sectors.""For"more"information:"www.dgcx.ae!

    !

    !

    Further!

    Information:!

    Madyan!Jabr!

    Dubai!Gold!and!Commodities!Exchange!(DGCX)!

    Tel:!+971!(0)4!361!1625;!Email:[email protected]!!

    Or,Baiju!Francis!/!Dhanya!Isaac!

    Promoseven!Weber!Shandwick!PR!

    Tel:!+971!!(0)!4!321!0007;!Email:!baiju.francis@ws"mena.com;!dhanya.isaac@ws"mena.com