DGCX records 3% year-to-date growth

Volumes on the Dubai Gold and Commodities Exchange, DGCX, grew 3 percent from the same period last year, trading 929,152 contracts in February valued at US$35 billion.
DGCX’s Indian Equities portfolio was a strong performer, growing 22 percent from the previous year. Sensex Futures grew 20 percent year-on-year and 10 percent from the previous month.
Another key performer this month was the Indian Rupee Options which recorded an all-time high volume and value, trading 7,200 contracts valued at US$1.18 million and growing 103 percent month-on-month. The Indian Rupee Options achieved significant results, recording the highest ever Open Interest of 4,597 contracts on 25th February 2015 and highest ever volume of 1,212 contracts on 27th February 2015. The options contract also recorded the highest ever Average Daily Open Interest of 2,456 contracts in February 2015.
The hydrocarbon segment also performed well, registering a growth of 130 percent year-on-year. WTI Crude Oil recorded highest monthly volume of 3588 contracts since September 2011 growing 32 percent month-on-month and 154 percent from the previous year.