DGCX sees rupee quanto, silver future surge in April

The

Dubai Gold and Commodities Exchange (DGCX) registered monthly average open interest of 179,554 contracts in April, with its Indian rupee quanto futures contract recording a year-onyear average daily volume growth of 562 per cent during the month. Additionally, the DGCX’S new Pakistani rupee futures contract traded a combined total of 180 lots valued at $2.35 million. It also saw a spike in its silver futures contract in April, recording a year-to-date volume growth of 146 per cent.