Gold & commodity exchange’s July trade up 55% to $45 bn
17 Aug 2013 3:18 AM IST
Gold and Commodities Exchange (DGCX) recorded a robust month of trading activity in July with total trade value of $44.68 billion.
July volumes registered a significant growth of 55 per cent over the same period last year. DGCXs currency segment continued to contribute a significant share of volumes, recording a year-on-year (YOY) growth of 61 per cent with 1,450,041 contracts traded.
Currency volumes were primarily driven by Indian Rupee (INR) futures, with the contract recording its highest ever monthly volume trading 1,252,965 contracts in July, a 40 per cent growth over the same period last year. Trading in other currency pairs such as in Euro and Yen also increased substantially.
July volumes registered a significant growth of 55 per cent over the same period last year. DGCXs currency segment continued to contribute a significant share of volumes, recording a year-on-year (YOY) growth of 61 per cent with 1,450,041 contracts traded.
Currency volumes were primarily driven by Indian Rupee (INR) futures, with the contract recording its highest ever monthly volume trading 1,252,965 contracts in July, a 40 per cent growth over the same period last year. Trading in other currency pairs such as in Euro and Yen also increased substantially.
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