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UAE - DGCX year-to-date volumes up 51% in November  Join our daily free Newsletter

MENAFN - Khaleej Times - 11/12/2013

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(MENAFN - Khaleej Times) Year-to-date volumes on the Dubai Gold & Commodities Exchange (DGCX) increased by 51 per cent in November, with over 12.9 million contracts.

Leading the volumes surge was the currency sector, which registered a year-to-date rise of 55 per cent. In November, DGCX accounted for 40 per cent of the total value of the Indian Rupee futures traded globally on exchange, the highest market share of any exchange. The Exchange's flagship product also saw a six per cent month-on-month and a 43 per cent year-to-date increase in volumes. Japanese Yen futures also showed a substantial year-to-date rise of 61 per cent to reach 16,840 contracts.

Sensex futures continued its robust growth since its launch earlier this year, hitting its second highest monthly value of 178 million in November with 8,591 contracts. Silver was the key performer among precious metals with year-to-date volumes rising 37 per cent in November, to aggregate 14,939 contracts.


 






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