In August 2023, 306,510 contracts were traded on DGCX with a total value of USD 7.02 billion and an average Open Interest of 111,711.
306,510 contracts 111,711 average Open Interest
(August 2023)
USD 7.02 billion
total value of monthly traded
(August 2023)
Spotlight
In the eight months to end-August 2023, DGCX recorded significant year-on-year growth in the total volume and average daily volume of several G6 futures contracts compared to the same period in 2022.
Indian rupee - Average daily volume decreased by 16.84% (12,485 average daily volume)
Euro - Total volume increased by 0.66% (43,482 total volume)
Sterling - Total volume increased by 7.57% (42,419 total volume)
Swiss franc – Total volume increased by 72.10% (41,806 total volume)
Yen – Total volume increased by 17.37% (40,565 total volume)
DGCX News
DGCX announced that it is waiving fees for its Shari’ah Compliant Spot Gold Contract (contract symbol: “DGSG”). The fee waiver for DGSG will run from 21 August 2023 until 31 December 2023. During this period, DGCX will waive all DGCX and Dubai Commodities Clearing Corporation (“DCCC”) fees, including those associated with trading, clearing, and delivery. This fee waiver excludes the UAE Securities and Commodities Authority (“SCA”) fee of USD 0.03. DGCX is also seeking approval from SCA to waive fees for its Gold Futures contract and will update the market accordingly.
