The DGCX Group receives a permit from the Israel Securities Authority (ISA)
Dubai: The Dubai Gold & Commodities Exchange (DGCX) Sunday announced that it has received a permit from the Israel Securities Authority (ISA), enabling qualified Israeli corporations who trade on proprietary basis to become members of the DGCX and to use its trading services and platforms.
Israeli members will also then have access to act as market makers on the DGCX platform.
The move allows the DGCX Group to introduce its diversified global products and services, including Futures and Options Contracts that cover precious metals, energy, equities and currency sectors - within Israel - as it continues to expand its role as the leading Middle East exchange for trading of derivatives.
The Dubai Gold & Commodities Exchange (DGCX) on Sunday announced that it has received a permit from the Israel Securities Authority (ISA), enabling qualified Israeli corporations who trade on proprietary
The logo of the Dubai Gold & Commodities Exchange (DGCX) (YouTube screenshot)
The Dubai Gold & Commodities Exchange (DGCX) said Sunday it has received a permit from the Israel Securities Authority (ISA) that will allow qualified Israeli stock market traders and investors to become members of the DGCX and to use its trading services and platforms.
Once members, Israeli players will also be able to act as market makers on the DGCX platform. Market makers are firms or individuals who provide both bids for and offers of securities.
The move allows the DGCX Group to offer its global products and services, including futures and options contracts for precious metals, energy, equities and currency sectors, to Israeli investors as it seeks to expand its role in the Middle East as a growing exchange for the trading of derivatives.