三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Dubai's DGCX gets boost from Shanghai Gold Futures

Xinhua | Updated: 2017-05-02 11:05
Share
Share - WeChat

DUBAI - The Dubai Gold and Commodities Exchange (DGCX) said Monday the recently listed DGCX Shanghai Gold Futures Contract has had a positive "knock-on effect" on the trading activity of the Exchange's other gold products.

The Shanghai Gold Futures Contract, which the exchange said uniquely allows access to the Chinese gold market, traded a total of 2,946 contracts since its listing on March 10.

DGCX's Spot Gold contract saw six-fold growth year-on-year, while also recording a 74 percent increase in deliveries through the DMCC trading platform.

"There has also been a growing optimism for gold, especially on the back of Brexit and French election uncertainty," added the exchange which is a licensed market of Dubai's biggest industrial free zone DMCC.

Following the signing of a deal between the DGCX and the Shanghai Gold Exchange (SGE) in October 2016 during the promotional "Dubai Week in China", the listing of the Shanghai Gold Futures Contract marked "the first-ever usage of the Shanghai Gold Benchmark Price in international markets," said Gaurang Desai, CEO of the DGCX.

He added that the consistent growth of DGCX's product suite, volumes and member community "helps us to create a vibrant, exciting and well regulated marketplace for all market participants across asset classes."

Paresh Kotecha, Chairman and CEO of Dubai-based commodities trading firm Richcomm Global Services, told Xinhua in an interview "the Shanghai Gold Futures Contract has given the DGCX a decisive advantage over Singapore, because in the Southeast Asian city-state Chinese gold futures are traded over the counter, but not as a standardized futures contract."

Financial derivatives such as futures and options allow traders of an underlying commodity like gold or a currency to hedge themselves against expected price fluctuations in the future. They can also be used for speculative purposes.

The DGCX which has 46 products on its quotations list already launched Chinese yuan futures back in 2015.

In 2014, China replaced India as Dubai's biggest trade partner and has retained this lead since then.

In 2016, bilateral exchange between the trade and tourism metropolis and the world's second largest economy was worth $45.23 billion, accounting for 13 percent of Dubai's total foreign trade, according to the Dubai Customs.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 中国黄色免费 | 精品九九久久国内精品 | 精品网址 | eeuss影院在线观看第一页 | 国模人体肉肉拍拍 | 国产毛片黄片 | 男女做污污无遮挡激烈免费 | 网站在线免费观看 | 国产福利午夜自产拍视频在线 | 视频国产在线 | 视频成人永久免费视频 | 国产成人亚洲精品一区二区在线看 | 高清不卡毛片 | 国产精品成人在线播放 | 五月一区二区久久综合天堂 | 欧美啪啪毛片一区二区 | 国产手机在线αⅴ片无码观看 | 毛片免费观看日本中文 | 国产综合色在线视频播放线视 | 久久久久久久综合 | 欧美日韩专区国产精品 | 国产高清免费在线 | 久久精品国产99久久72 | 香蕉视频视频 | 免看一级a毛片一片成人不卡 | 亚洲一区二区三区在线网站 | 欧美一级毛片免费看高清 | 久久精品国产精品亚洲婷婷 | 午夜高清性色生活片 | 日本久久一区二区 | 最新内地三级在线观看 | 在线观看视频黄色 | 国产v视频 | 久久欧洲视频 | 黑人巨大两根一起挤进来 | 丁香婷婷激情综合 | 人与牲动交xxxxbbbb高清 | 亚洲一区欧美日韩 | 黄色大全网站 | 亚洲精品福利 | 午夜精品一区二区三区免费视频 |