Industry Update Regarding Financial Technologies Group (FTIL)

DUBAI, UAE, Sept. 4, 2013 /CNW/ - Due to unfolding events in India with 
regards to the Financial Technologies Group (FTIL), DGCX would like to confirm 
the status of its relationship with the company and its promoters. 
FTIL Group is a minority shareholder of DGCX and hold 2 of 5 nominated Board 
seats. DGCX can confirm that no Director of the Exchange has any operational 
responsibility for the running of the Company. 
Further DGCX confirms that as of 12 March 2013 the exchange replaced all FTIL 
Group supplied Trading and Clearing technology with a new system 'EOS' 
supplied by Cinnober. 
The Dubai Multi Commodities Centre (DMCC) a Government of Dubai entity is the 
lead promoter of the exchange and subsequent to a recent share issue now owns 
67% of DGCX. 
DGCX is regulated by the Emirates Securities and Commodities Authority (ESCA) 
who are fully aware of the exchange's operations. 
About DGCX:Established in 2005, DGCX is the region's first derivatives 
exchange and the only one allowing participantstoclear and settle 
transactions within the Gulf region. The Exchange has played a pioneering role 
in developing the regional market for derivatives. DGCX is aDubaiMulti 
Commodities Centre (DubaiGovernment) initiative in partnership with 
Financial Technologies (India) Limited and Multi Commodity Exchange of India 
Limited (MCX). It is an electronic commodity and currency derivatives exchange 
with 267 members from across the globe, offering futures and options contracts 
covering the precious metals, energy and currency sectors. In 2012, the 
Exchange partnered with Cinnober, one of the world's leading trading 
technology providers, and developed an advanced technology platform (EOS) 
designedtosupport DGCX Members'increasingly sophisticated trading 
requirements. For more information:http://www.dgcx.ae
 

SOURCE  DGCX 
Madyan Jabr, Manager - Communication & Marketing, DGCX, Tel:  
+971(0)4-361-1614; Email:madyan.jabr@dgcx.ae, Or, Baiju Francis / Dhanya 
Isaac, Weber Shandwick PR, Tel:  +971(0)4-445-4222; 
Email:bfrancis@webershandwick.com;disaac@webershandwick.com 
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CO: DGCX
NI: FIN  
-0- Sep/04/2013 13:41 GMT
 
 
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