DGCX volumes seen breaking record
YTD Average Daily Volumes (ADV) are at an all time high, reaching 87,253 lots
Dubai: The Dubai Gold and Commodities Exchange (DGCX) has traded 18.8 million contracts year-to-date, up 35 per cent year-on-year, and is on track to break its annual volumes record of 19.67 million contracts.
YTD Average Daily Volumes (ADV) are at an all-time high, reaching 87,253 lots, the DGCX said in a statement.
Amid continued market volatility, the G6 currencies were the standout performers in October, most notably the Euro which recorded volume growth of 51 per cent YTD. Gold products also performed strongly, with Gold Quanto and Shanghai Gold registering YTD volume growth of 48 per cent and 59 per cent respectively.