25th Jan 2008
DUBAI - Strengthening its position as a global market for commodities derivatives, Dubai Gold and Commodities Exchange (DGCX) yesterday announced that it had secured approval from the Monetary Authority of Singapore (MAS), making DGCX a Recognised Market Operator (RMO) in Asia's key trading hub.
With the approval, DGCX - the Middle East's first commodities derivatives market - may now offer Singapore-based market participants direct access to its growing portfolio of commodity and currency contracts.
