In December 2023, 308,953 contracts were traded on DGCX with a value of USD 6.97 billion and an average Open Interest of 102,731. 

308,953 contracts

102,731 average Open Interest (December 2023)

USD 6.97 billion

total value of monthly traded

(December 2023)

Spotlight

In the twelve months to end-December 2023, DGCX recorded the trading of 5,408,040 contracts, with a value of USD 115.30 billion. During the same period, the Average Daily Volume stood at 15,448.

DGCX News

2023 was an important year for DGCX, marked by significant strides in its global reach, expansion of its portfolio and the strengthening of key partnerships. This year was a testament to the Exchange's leading role as a regional commodities market.

A highlight of the year was the Exchange's active exploration of new collaborative opportunities. Notably, DGCX hosted a series of delegations, including from the Government of Gujarat, India. This meeting focused on strategic discussions to develop the GIFT International Financial Services Centre. Additionally, in a notable step towards expanding its global presence, DGCX also sought membership with the Association of Futures Markets (AFM). This move followed DGCX’s active participation in the 25th Annual AFM Conference and its role as a gold sponsor at the Phillip Trading Symposium 2023.

2023 also saw the launch of the GCC’s first Shari’ah Compliant Silver contract in October. This followed the success of the Shari’ah Compliant Gold Spot Contract, which was introduced in 2018.

The introduction of this silver contract aligns with the Exchange's strategy to diversify its product offerings and to continuously adapt to the changing needs of its members.