FACE VALUE | Gaurang Desai
‘It’s Just
Beginning’ the
Gaurang Desai, CEO, Dubai Gold & Commodities Exchange (DGCX) tells Wealth Monitor the exchange will create a lot more opportunities for local brokerage and trading community in the coming days
Last year, DGCX recorded highest ever trading volumes of over 14.5 million contracts, up 23% on a y-o-y basis. How you see the growth in 2016 and what new products/ asset classes that you will be considering to launch? For DGCX, 2015 was the best year in its decade old history in terms of the volume traded on the exchange, clocking the record- breaking trading volumes of over 14.5 million contracts. We however believe it is just the beginning. For 2016, DGCX has put in place plans to enhance the liquidity pool across its product range. More importantly, DGCX plans to launch a number of new products and introduce asset classes to meet growing
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regional demand for world- class products. Some of the key products planned to be launched are, namely, the Global Single
Stock Futures and Soft commodities.
www.wealth-monitor.com | February 2016
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