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    DGCX volumes in May surged 70% year-on-year to reach an all-time high of 237,920 contracts valued at $11.76 billion. Precious metals and Indian Rupee futures performed strongly. Year-to-date volumes increased 55% to over 1.148 million contracts, while currency futures accounted for almost 70% of monthly volume and Indian Rupee futures grew by 1,413% over last year.

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    DGCX volumes in May surged 70% year-on-year to reach an all-time high of 237,920 contracts valued at $11.76 billion. Precious metals and Indian Rupee futures performed strongly. Year-to-date volumes increased 55% to over 1.148 million contracts, while currency futures accounted for almost 70% of monthly volume and Indian Rupee futures grew by 1,413% over last year.

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    25 views2 pages

    Dgex 001

    Uploaded by

    silverwatchdog
    DGCX volumes in May surged 70% year-on-year to reach an all-time high of 237,920 contracts valued at $11.76 billion. Precious metals and Indian Rupee futures performed strongly. Year-to-date volumes increased 55% to over 1.148 million contracts, while currency futures accounted for almost 70% of monthly volume and Indian Rupee futures grew by 1,413% over last year.

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

    ! ! 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! ! ! 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"

    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:!madyan.jabr@dgcx.ae!!
    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

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