DGCX set to launch new Product Suite
New products will go live on Friday 22nd March 2019 The Dubai Gold & Commodities Exchange (DGCX) and Dubai Commodities Clearing Corporation (DCCC) announced an expansion to their existing portfolio of metals products with the launch of new base metal products. The two new products will go live on Friday 22nd March 2019. The new products will provide investors with an opportunity to mitigate the risks involved in the base metal markets and appeal to global participants by enabling them to hedge prices efficiently. The size of each Futures contract will be 5 metric tons (MT), denominated and traded in US dollars. Les Male, CEO of DGCX, commented: “We are excited to introduce new products to meet the ever-growing needs of our member community. The imminent launch of these two products is a response to growing demands and investor feedback and will play an important role in the DGCX Group’s growth strategy moving forward. We are confident that they will further s