Dubai Gold & Commodities Exchange

About Dubai Gold & Commodities Exchange

The Dubai Gold and Commodities Exchange (DGCX) is a joint venture between the Dubai Metals and Commodities Centre (DMCC) Government of Dubai, Financial Technologies (India) Ltd. (FTIL) and Multi Commodity Exchange of India Ltd. (MCX). DGCX will be a truly international commodities derivatives exchange, and the first such exchange in the time zone between Europe and the Far East. It will offer products of international significance with electronic trading access from anywhere in the world. DGCX is scheduled to go live in November 2005. DGCX will draw on Dubai’s traditional trading strengths - its geographically strategic location, world-class infrastructure and the rapidly developing markets of the region. These external strengths are supported by the management expertise of DGCX, deep domain knowledge of commodities spot and derivatives markets, state of the art technology and risk management capabilities. DGCX is a technology driven, non-mutual organization with an independent Board of Directors and professional management. It is committed to providing a world-class trading platform for a wide array of commodities, to implementing best global practices, with complete transparency and integrity. Headquartered in Dubai, DGCX will be situated in the summit of DMCC’s landmark Au (Gold) Tower located in the world class DMCC Free Zone.