DGCX to launch currency futures

The Dubai Gold and Commodities Exchange (DGCX) is to launch currency futures in the coming months - the first such products to be made available in the Middle East. It plans to introduce futures contracts on euro/dollar, yen/dollar and sterling/dollar, which will mature in March, June, September and December each year and will be deliverable.

DGCX has yet to announce contract specifications and the procedures for existing or new members to take part in these markets. However, they will include a

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