Media ININ Economy We Trust
02-03-2019 Media in\ Dubai
Dubai Gold and Commodities Exchange (DGCX) and Dubai Commodity Clearing Company (DCCI) today announced the expansion of their existing metal products portfolio through the launch of new base metals contracts. The new producers of aluminum and zinc futures contracts will begin trading on March 22nd.
The two new products offer investors an opportunity to mitigate the risks inherent in the underlying metals markets and are expected to attract large market participants by enabling them to hedge effectively against the risk of price fluctuations. The futures of both aluminum and zinc will be 5 metric tons and will be revalued and traded in dollars American.
The new producer contracts are scheduled to be settled in cash in US dollars and investors will have the option to swap futures / EFS / EFP / futures contracts as well as carry out large transactions.
