DGCX records 3% year-to-date growth

Volumes on the Dubai Gold & Commodities Exchange (DGCX) grew 3% from the same period last year trading 929,152 contracts in February, valued at US$ 35 bln.

DGCX’s Indian Equities portfolio was a strong performer, growing 22% from the previous year. Sensex Futures grew 20% year-on-year and 10% from the previous month. 

Another key performer this month was the Indian Rupee Options which recorded an all-time high volume and value, trading 7,200 contracts valued at $1.18M and growing 103% month-on-month. The Indian Rupee Options achieved significant results, recording the highest ever Open Interest of 4,597 contracts on 25th February 2015 and highest ever volume of 1,212 contracts on 27^th February 2015. The options contract also recorded the highest ever Average Daily Open Interest of 2,456 contracts in February 2015.

The hydrocarbon segment also performed well, registering a growth of 130% year-on-year. WTI crude Oil recorded highest monthly volume of 3588 contracts since September 2011 growing 32% month-on-month and 154% from the previous year.