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DGCX best commodities exchange

The Dubai Gold and Commodities Exchange, or DGCX, has been named the “Best Global Commodities Exchange” by the Global Banking & Finance Review.

The award recognises DGCX’s exceptional trade volume expansion and product innovation during the last year.

The annual Global Banking and Finance Review Awards recognise achievement, challenge, progress and inspirational change in the global financial industry.

“We are encouraged by this Award as we embark on a new drive to further enhance opportunities in commodity and currency derivatives trading in the region,” Gary Anderson, chief executive officer of the DGCX, said.

“Coming at a time when there is increasing interest from global futures clearing merchants, global banks and regional financial services firms to participate in the exchange, the award reaffirms DGCX’s growing profile regionally and internationally as an exchange that provides the right investment tools,” Anderson added.

This is the second recognition that DGCX — the region’s first derivatives exchange — has received in the last three months. It was also named the “Best Middle East Forex Exchange 2012” at the 7^th Jordan Forex Expo & Awards held in May.

— business@khaleejtimes.com