DGCX to launch 2 agricultural contracts in 2015
(MENAFN) Dubai"s bourse chief executive officer said that Dubai Gold and Commodities Exchange (DGCX) plans to launch agricultural commodities contracts in the first quarter of 2015, Arabian Business reported.
"We have currencies, equities, energy, precious metals and copper and so by listing agricultural products it provides new contracts for our members to participate in," he said.
The officer did not specify the agricultural commodities which the exchange will include, but only mentioned a strong support from some Dubai-based agricultural entities for the launch of the two contracts.
"There are two contracts in particular where we think there is good backing from organizations that would like to see a contract created on DGCX that would help create a benchmark for those goods," he added.
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