Gold and Commodities Exchange (DGCX) achieved volumes of over 300,000 contracts in July. The exchange saw the highest ever monthly volume trade of 310,990 contracts in July, valued at US $15.05 billion (Dh55.23 billion), an increase of 99 per cent from last year.
Increased trading activity throughout July saw average daily volume of 14,809 contracts with an underlying value of $717 million, up by 99 per cent year-on-year, with the highest ever Average Daily Total Open Interest of 15,303 contracts in July surpassing the previous month's record of 10,943 contracts.
Year-to-date trading in Indian Rupee futures reached 1,172,852 contracts in July, reflecting a remarkable growth of 1,382 per cent over last year. Currency futures remain the key driver of this volume growth.