DGCX trading volumes reach new highs in 2013

Trading volumes on the Dubai Gold and Commodities Exchange (DGCX) touched new highs in 2013 growing 43 per cent from 2012 to reach 13,759,255 contracts, the Exchange?s highest ever.

Traded over a period of 253 trading days, 2013 volumes represent a value of $448.25 billion. Average daily volume (ADV) registered a significant growth to reach another all-time high of 54,384 contracts.

The year saw the Exchange setting many other records including the highest ever monthly volume of 1,593,150 contracts in June; the highest daily volume of 127,231 contracts achieved on 20 June, 2013; and the highest average open interest of 32,828.

DGCX also registered its highest daily trading value of $3.8 billion on 15 April, 2013 and highest average daily volume in a month of 83,850 contracts in June 2013.

via DGCX trading volumes reach new highs in 2013 | GulfNews.com.