Dubai Gold and Commodities Exchange ( DGCX ) hits a high record on the 16th of April with over 100,000 contracts with the highest record ever of $3.8 billion surpassing previous record of 83,862 contracts set on 12th April ,2013 .
DGCX Indian Rupee futures was also registered at its highest daily volume ever on Tuesday with 96,672contracts values at a ground breaking $3.5 billion.
The chief executive of the Dubai Gold and Commodities Exchange (DGCX) Gary Anderson said “We are delighted that DGCX has crossed the 100,000 contracts benchmark in daily trading volumes “ to Al Arabiya .
The contract has achieved a rapid growth in the past four years which have improved the liquidity and on-screen spreads. The contract traded an average of over two billion dollars a day in the first quarter of 2013.
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