The Dubai Gold & Commodities Exchange (DGCX) today 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.
DGCX’s PKR futures contract launched
DUBAI, 4 hours, 14 minutes ago The Dubai Gold & Commodities Exchange (DGCX) has announced the launch of its Pakistani Rupee (PKR) Futures Contract and is now available for trading. As the first-of-its-kind on any regulated exchange in the world, the contract will provide members and their clients with the ability to hedge exposure to the Pakistani Rupee, a WAM report said. It will also provide trading opportunities against the wide range of existing foreign exchange currency products that DGCX makes available for trading. Les Male, CEO of DGCX, said: We are pleased to finally launch the highly anticipated PKR Futures Contract, which complements our suite of existing products, and enables DGCX market participants to tap further into the Asian markets. As we move into the second quarter of 2021, we continue to see interest in more currency products - and are exploring opportunities to launch similar initiatives soon.
Emirates News Agency - DGCX s PKR futures contract launched wam.ae - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wam.ae Daily Mail and Mail on Sunday newspapers.
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