DGCX to launch the world’s first PKR futures contract DUBAI, 4 days ago The Dubai Gold & Commodities Exchange (DGCX) will soon launch a Pakistani Rupee (PKR) Futures Contract, the first of its kind on any regulated exchange in the world, enabling market participants to expand their trading opportunities to the Pakistani market. The launch follows extensive market research and feedback from DGCX members.
The Contract, which is set to go live on Friday April 16, 2021, will allow regional market participants with the ability to hedge exposure to the Pakistani Rupee, on a globally recognised, regulated and secure platform. Additionally, the Dubai Commodities Clearing Corporation (DCCC) will provide margin offsets for calendar spreads in PKR Futures, which will result in greater capital efficiency for DGCX members.