Special Features
Dubai Gold & Commodities Exchange (DGCX)
Dubai Gold & Commodities Exchange (DGCX) is the World’s newest fully automated, screen based online commodities exchange. Strategically located in Dubai at the cross roads of Europe and Asia with access to large emerging markets, it is set to become the first international commodities derivatives market place in the time zone between Europe & Far East.DGCX is a joint venture between Dubai Metals & Commodities Centre, (DMCC), a strategic initiative of Government of Dubai, Financial Technologies (India) Limited (FTIL) and Multi Commodity Exchange of India Ltd. (MCX). DGCX to be located in the DMCC free zone with world-class infrastructure will offer sophisticated electronic platform for international business. With its balanced portfolio of listed commodities including Bullion, Freight, Cotton, Steel & Energy, DGCX will offer perfect marketplace to conduct business with the world.
Dubai Gold & Commodities Exchange (DGCX) is a joint venture between Dubai Metals & Commodities Centre (DMCC), Financial Technologies (India) Ltd. (FTIL) and Multi Commodity Exchange of India Ltd. (MCX). This strategic initiative will further strengthen the position of Dubai as a global & regional commodities trading hub and will facilitate the integration of the value chain for Gold, Silver and other commodities including Steel, Energy, Cotton and Freight.
DGCX will be the latest and truly international commodities derivatives exchange of 21st century. Scheduled to go live in the second half of 2005, it will act as a catalyst in the holistic development of the financial and trading arena of this region. Thereby capitalizing on the huge opportunities due to absence of any international commodities exchange in the time zone between Europe and the Far East.
Promotors
DMCC - The Dubai Metals and Commodities Centre
It is a strategic initiative of the Dubai Government created to establish a commodity market place in Dubai. It provides industry-specific market infrastructure and a full range of facilities for the gold & precious metals, diamonds & coloured stones and commodities industries (including metals, soft commodities and energy).
FTIL - Financial Technologies (India) Ltd.
It is India’s leading Vertical Specialist enterprise delivering mission-critical, Straight Through Processing (STP) solutions comprising Domain Expertise, Technology Licensing and Development & Transaction Outsourcing services.
MCX: Multi Commodity Exchange of India Ltd.
It is an independent de-mutualised nationwide, multi-commodity exchange has a permanent recognition from Government of India. It functions under Regulations of Forward Markets Commission, under Ministry of Consumer Affairs Food & Public Distribution, Government of India.
Products
DGCX will provide trading in futures and options on wide range of commodities. These derivatives instruments will be standardized on the prevailing market specifications used at major trading centre across the globe. DGCX will initially launch contracts on the following commodities
- Gold
- Silver
- Energy
- Freight
- Steel
- Cotton
Dubai Gold & Commodities Exchange (DGCX) invites expression of interest from Corporates, Financial Institutions, Brokers, Dealers, Banks, Commodity Traders, Exporters, Importers among others to become members.
DGCX has broadly classified the membership into different levels and segments to help you trade as per your requirement. DGCX provides a flexibility to either take full membership or membership of one or more market segments.
- Broker Membership
These members can trade on any DGCX’s market as a principle or on behalf of the clients. - Market Membership
These members can trade only on the DGCX’s market as defined in their membership class as a principle.
Email: info@dgcx.ae
Website: http://www.dgcx.ae
