Diversified Financial Services
Company Overview of Dubai Gold and Commodities Exchange
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)
United Arab Emirates
Founded in 2005
Key Executives for Dubai Gold and Commodities Exchange
Compensation as of Fiscal Year 2015.
Dubai Gold and Commodities Exchange Key Developments
Dubai Gold and Commodities Exchange Collaborates with Pakistan Mercantile Exchange
Oct 22 15
The Dubai Gold & Commodities Exchange and the Pakistan Mercantile Exchange Limited announced that they have agreed to create a forum to work together, share information, and bridge connections between the financial markets of Pakistan and UAE. The arrangement with PMEX will enable DGCX to develop a better understanding of Pakistan's derivatives markets at a time when these markets are evolving rapidly and the economy is on a growth trajectory. This development adds to the extensive list of collaboration efforts DGCX has previously inked, with the aim of expanding their international outreach to financial institutions around the globe.
Dubai Gold and Commodities Exchange Appoints Gaurang Desai as Chief Executive Officer
Aug 20 15
Dubai Gold and Commodities Exchange (DGCX) has announced the appointment of Gaurang Desai as the Chief Executive Officer. As one of the founding members of the team that set-up DGCX in 2005, Gaurang is ideally positioned to take the Exchange to its next stage of development. Gaurang was previously Chief Operating Officer of DGCX, before being appointed as Acting Chief Executive Officer in August 2014.
Dubai Gold and Commodities Exchange Signs Memorandum of Understanding with Bank of China
May 27 15
The Dubai Gold & Commodities Exchange (DGCX) announced the signing of a Memorandum of Understanding (MoU) with the Bank of China (BOC). The agreement creates a framework for both institutions to work together to enhance interaction and collaboration between the derivatives and financial markets of the UAE and China. The MoU paves the way for greater exchange of market information and industry best practices between the two institutions. The leadership role that both institutions play in their respective regional markets places them in an ideal position to drive greater collaboration between the financial sectors of both countries. Bank of China is the most international bank in China. It offers an extensive range of financial services to customers across the Chinese mainland, Hong Kong, Macau, Taiwan and 39 other countries.
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