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May 03, 2015 2:05 PM ET

Diversified Financial Services

Company Overview of Dubai Gold and Commodities Exchange

Company Overview

Dubai Gold and Commodities Exchange operates as an electronic commodities and derivatives exchange in the Middle East. Its futures products include gold, silver, currency, fuel oil, Indian rupee, steel, plastics, WTI light sweet crude oil, and Brent crude oil. The company also provides options and contract specifications. In addition, it engages in providing clearing and settlement, and risk management functions. Dubai Gold and Commodities Exchange was founded in 2005 and is based in Dubai, United Arab Emirates.

Emaar Business Park

Building No. 2, Level 1

Sheikh Zayed Road (Near Interchange 5)

Dubai,  

United Arab Emirates

Founded in 2005

Phone:

971 4 361 1616

Fax:

971 4 361 1617

Key Executives for Dubai Gold and Commodities Exchange

Interim Chief Executive Officer and Chief Operating Officer
Chief Financial Officer
Head of Marketing
Head of Soft Commodities
Chief Technology officer
Compensation as of Fiscal Year 2014.

Dubai Gold and Commodities Exchange Key Developments

Financial Technologies In Talks To Sell Stakes In atom, DGCX And BFX

Financial Technologies (India) Limited (BSE:526881) is seeking to sell 95% stake in atom technologies Ltd. (ATOM), 27.3% stake in Dubai Gold and Commodities Exchange (DGCX) and its stake in Bahrain Financial Exchange Limited (BFX). Financial Technologies Chairman Venkat Chary said that FTIL has so far realized INR 21.53 billion by selling various assets and further stake sell in ATOM, DGCX, other ventures are under discussions.

Dubai Gold & Commodities Exchange Announces Executive Changes

The Dubai Gold & Commodities Exchange announced Gary Anderson stepped down from his role of CEO due to ill health. The bourse named Gaurang Desai as interim CEO. Desai has been COO of DGCX since its inception in 2005.

Dubai Gold and Commodities Exchange Office Moves to DMCC Free Zone

Dubai Gold and Commodities Exchange announced that it has moved to a new permanent office in the DMCC Free Zone, the gateway for commodity trade and enterprise in Dubai. Companies operating within the DMCC Free Zone, based at Jumeirah Lakes Towers, are offered access to streamlined processes, customer support, and freehold commercial and residential property. DGCX’s new offices are located at the Gold Tower. All other contact details remain the same.

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Recent Private Companies Transactions

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To contact Dubai Gold and Commodities Exchange, please visit www.dgcx.ae. Company data is provided by Capital IQ. Please use this form to report any data issues.

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