commodities exchange

A commodities exchange is a market, where products especially agricultural products and other raw materials are traded.

Dubai Gold & Commodities Exchange (DGCX) has said that Industrial and Commercial Bank of China Limited (ICBC), considered to be the world's largest bank, has joined it as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC).

Agriculture - Common commodities in agriculture include wheat, corn, maize, oats, rice, soybeans and they are traded in the Chicago Board of Trade (CBOT), the Kansai Commodities Exchange (in Osaka, Japan), the Risk Management Exchange (RMX-in Hannover), the Minneapolis Grain Exchange, the Winnipeg Commodity Exchange (WCE), The Tokyo Grain Exchange (TGE) and Euronext.

Gary Anderson, chief executive officer of Dubai Gold and Commodities Exchange, said: "The re-listing of the Indian Rupee options contract further widens opportunities to trade emerging market contracts on the exchange.

When the facility is up and going, it is predicted that Pacific International Commodities Exchange will increase in workers to 275 in the next 3 year period.

Muscat: Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, has announced the appointment of Michelle Zhang as Head of Products and Services, Asia.

The president of the African Commodities Exchange says that 13 countries are currently planning or implementing similar exchanges.

Colombo, March 28 -- Sri Lanka's capital market watchdog Securities and Exchange Commission (SEC) had recently called for interested parties to establish a fully fledged Multi Asset class Commodities Exchange in the country.

Dubai Gold & Commodities Exchange (DGCX), the region's first derivatives exchange, said its Indian Rupee futures has registered a new daily volume record of 12,499 contracts worth $551.55 million.

Trading technology provider Orc Software (STO:ORC) reported on Wednesday that the company has become an approved Independent Software Vendor (ISV) on the Dubai Gold & Commodities Exchange (DGCX).

Dubai Gold and Commodities Exchange (DGCX), the region's leading commodities derivatives market, has been approved as an Affiliate Member by the International Organization of Securities Commissions (IOSCO) at its 33rd annual conference held in Paris recently.