In May 2023, 581,054 contracts were traded on DGCX with a value of USD 12,047.12 million and an average Open Interest of 115,578. In the first five months of 2023, 2,902,080 contracts were traded on DGCX with a value of USD 58,890.32 million.

581,054 contracts
115,578 average Open Interest 

USD 12,047.12 million
total value of monthly traded

Spotlight

In the five months to end-May 2023, DGCX recorded significant year-on-year growth in the total volume traded of several G6 futures contracts compared to the same period in 2022.

Total volume traded (first five months 2023 vs. first five months 2022)

• CHF-USD Futures: 188.26%
• Yen-USD Futures: 81.35
• Pound-USD Futures: 54.66%
• Euro-USD Futures: 52.01%

The total volume traded of the Indian Rupee Quanto contract also increased by 5.32% in the first five months of 2023, compared to the same period last year. During the same period, the Average Daily Volume of the Indian Rupee increased by 2.55% compared to the same period in 2022.

DGCX News

DGCX was delighted to attend the inauguration of the representative office of its parent company, DMCC, in Mumbai, India. The establishment of this office will serve as a gateway for businesses and investors to access and expand into Dubai through DMCC.

Additionally, DGCX, in continuation of its efforts to enhance its services to its members, has expanded its existing partnership with FinMet, a reputable company specialising in precious metals technology, trading, training, and logistics. Through the joint efforts, both companies will actively develop innovative gold products for the market, aimed at meeting the diverse needs of our clients.

Moreover, DGCX is in the final phases of onboarding a leading UAE bank as one of its settlement banks, further elevating the quality of our services and solidifying our position as a trusted partner in the financial industry.