DGCX signs MoU with China Futures Association

Dubai: The Dubai Gold & Commodities Exchange (DGCX) said on Thursday it has further expanded its relationship with the Chinese derivatives market with the signing of a Memorandum of Understanding (MoU) with the China Futures Association (CFA).

The agreement seeks to enhance ties between the markets of China and the UAE, with a focus on increasing interaction between key players in the derivatives industry both in the private and public sectors, the DGCX said in a statement.

China Futures Association (CFA) is a Beijing-headquartered non-profit self-regulatory industry body with the capacity to implement laws, regulations and policies for the futures market.