January’s trading figures show year-to-date (YTD) growth, while average daily volumes witnessed a significant increase on a YTD basis. By the end of the month, the total value of contracts traded was recorded at USD 14,922.38 million.
752,911 Contracts 127,644 Average Open Interest
108.65% Y-T-D Growth Gold Futures Contract
697,435 contracts worth 12,079.88 million INR Suite
Spotlight
DGCX ended the year with impressive achievements in 2022, recording a total of 8.239 million contracts with a total value of USD 162.01 billion during the year, representing growth of 16.00% and 8.24%, respectively. Additionally, DGCX witnessed a significant increase in total contracts traded compared to the same month last year, recording 78% growth of volume.
DGCX’s Gold Futures Contracts experienced record growth during January, witnessing a significant increase in the volume of contracts which reached 16,640 and achieved a value of USD 1,023.14 million.
DGCX’s gold repo product FinMet, which was launched last year, saw another 100kg of bars traded in January. The market has responded very well to FinMet and we expect to see solid growth in the year ahead.
DGCX News
As part of DGCX’s mission to consolidate and grow its position as the region’s trusted exchange and clearing house of choice, DGCX’s Commercial Director, Louis Hems, participated in a panel discussion at the Association of Futures Markets (AFM) and GMEX’s one-day workshop. Louis discussed DGCX’s technology priorities and its future investments along with the role of exchanges in addressing ESG issues and climate action.
