Business
Exchange of the Year Middle East and Africa at FOW International Awards 2019 won by DGCX
The Dubai Gold and Commodities Exchange (DGCX) has been granted 'Exchange of the Year Middle East and Africa' at the Future and Options World (FOW) International Awards 2019 for the second year straight. The honor was introduced the previous night at a ceremony held in the Leonardo Royal Hotel, London.
The 'Exchange of the Year Middle East and Africa' honor was granted to the DGCX for separating itself from different exchange over the region. The Exchange was deliberately chosen from a pool of applicants dependent on its exhibited greatness in different regions, including execution, advancement, products and technology.
Les Male, CEO of DGCX, remarked: "Once again, we are enchanted to win this lofty honor and get industry acknowledgment for our extraordinary presentation consistently. The DGCX Group has endeavored to make exceptional progress no matter how you look at it, and this honor asserts our accomplishments, while solidifying our situation as the region's leading and most enhanced subsidiaries and commodities exchange. We are on track to complete 2019 firmly and anticipate expanding on our force to appreciate proceeded with progress to success for upcoming years."
Through the span of the past twelve months, DGCX has accomplished noteworthy development and broken various records for trading volume, notional worth and open intrigue. The Exchange has traded more than 23 million contracts, setting another general volume record, with notional worth surpassing USD 425 billion, as the Exchange further sets its leading situation in key markets.
During the qualifying time frame, DGCX made huge interest in its technology and products, which has brought about increasingly wide based speculator cooperation just as improved liquidity in the market. DGCX has enhanced its product range, went into a few vital organizations and made proceeded with interests in its cutting edge exchanging and clearing stage, while remaining the biggest global liquidity pool for Indian Rupee trading.