Industry Update Regarding Financial Technologies Group (FTIL)

        Industry Update Regarding Financial Technologies Group (FTIL)

  PR Newswire

  DUBAI, UAE, September 4, 2013

DUBAI, UAE, September 4, 2013 /PRNewswire/ --

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 participants  to  clear and settle
transactions within the Gulf region. The Exchange has played a pioneering role
in developing the regional market for derivatives.  DGCX is a  Dubai  Multi
Commodities Centre ( Dubai  Government) 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 sec to rs.  In 2012, the
Exchange partnered with Cinnober, one of the world ' s leading trading
technology providers, and developed an advanced technology platform (EOS)
designed  to  support DGCX Members '  increasingly sophisticated trading
requirements. For more information:

Contact: Further Information: Madyan Jabr, Manager - Communication &
Marketing, DGCX, Tel: +971(0)4-361-1614; Email: , Or,
Baiju Francis / Dhanya Isaac, Weber Shandwick PR, Tel: +971(0)4-445-4222;
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