Latest news with #DGCX
Al Bawaba
3 days ago
- Business
- Al Bawaba
DGCX Joins Arab Federation of Capital Markets Committee to Strengthen Regional Capital Markets
The Dubai Gold and Commodities Exchange (DGCX) has announced its acceptance into the Arab Federation of Capital Market's (AFCM) Business Development Committee. The appointment reflects DGCX's expertise in regulatory oversight, risk management and product innovation, reinforcing its position as a leading regional player in derivatives trading and financial market AFCM, established in 1978 as the principal body for Arab stock exchanges, plays a critical role in enhancing collaboration and standardising best practices across the region. By joining the Business Development Committee, DGCX will contribute to key initiatives that strengthen regional capital markets, including:• Coordinating operational rules and regulations governing trading across Arab exchanges.• Proposing legislative reforms to support market activity.• Developing strategies to boost trading volumes and liquidity.• Setting strategy to develop business of brokerage and exchange companies.• Encouraging knowledge exchange among Arab exchanges.• Engaging external experts to enhance market Bin Sulayem, Chairman and Chief Executive Officer of DGCX, commented: 'DGCX's appointment to the Business Development Committee of the Arab Federation of Capital Markets underscores our pivotal role in the region's financial and commodities landscape. As the largest and most diversified derivatives exchange in the Middle East, DGCX brings deep expertise in market innovation, risk management and regulatory alignment. This recognition not only reinforces our commitment to advancing capital markets across the Arab world but also strengthens Dubai's position as a leading global centre for commodities and financial services.'DGCX has been an active member of the AFCM and is serving on its Audit & Governance Committee. Already underway with its participation at the AFCM annual conference in Tunisia, the Exchange's contribution to the Business Development Committee underscores its ongoing commitment to enhancing regional market structures, expanding product offerings and fostering greater collaboration across the development also elevates the profile of the Dubai Commodities Clearing Corporation (DCCC), DGCX's clearing house, which plays a crucial role in ensuring financial stability and risk mitigation in derivatives trading. With this strategic step, DGCX reaffirms its leadership in financial markets across the Arab world, contributing to an integrated, transparent and globally competitive regional trading environment. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Hi Dubai
5 days ago
- Business
- Hi Dubai
DGCX Joins AFCM Business Development Committee to Advance Regional Markets
The Dubai Gold and Commodities Exchange (DGCX) has been appointed to the Arab Federation of Capital Market's (AFCM) Business Development Committee, marking a strategic step in enhancing its role within the region's financial ecosystem. The appointment highlights DGCX's expertise in regulatory oversight, risk management, and product innovation, reinforcing its status as a key player in Middle East derivatives trading and financial market infrastructure. Founded in 1978, the AFCM represents Arab stock exchanges and works to unify market practices and foster collaboration across the region. The Business Development Committee plays a central role in this mission by coordinating operational rules, proposing regulatory reforms, and crafting strategies to increase market activity and liquidity. As a committee member, DGCX will also support initiatives aimed at developing brokerage and exchange businesses, sharing knowledge across markets, and engaging industry experts to strengthen market frameworks. Ahmed bin Sulayem, Chairman and CEO of DGCX, said the appointment affirms Dubai's growing influence in global finance and commodities. 'This recognition not only reinforces our commitment to advancing capital markets across the Arab world but also strengthens Dubai's position as a leading global centre for commodities and financial services,' he said. DGCX is already active within the AFCM, currently serving on its Audit & Governance Committee and participating in the federation's annual conference in Tunisia. Its new role further underscores its dedication to regional cooperation and capital market growth. News Source: Emirates News Agency
Zawya
5 days ago
- Business
- Zawya
DGCX joins Arab Federation of Capital Markets committee to strengthen regional capital markets
DGCX to contribute to key initiatives that strengthen regional capital markets Dubai, UAE: The Dubai Gold and Commodities Exchange (DGCX) has announced its acceptance into the Arab Federation of Capital Market's (AFCM) Business Development Committee. The appointment reflects DGCX's expertise in regulatory oversight, risk management and product innovation, reinforcing its position as a leading regional player in derivatives trading and financial market infrastructure. The AFCM, established in 1978 as the principal body for Arab stock exchanges, plays a critical role in enhancing collaboration and standardising best practices across the region. By joining the Business Development Committee, DGCX will contribute to key initiatives that strengthen regional capital markets, including: Coordinating operational rules and regulations governing trading across Arab exchanges. Proposing legislative reforms to support market activity. Developing strategies to boost trading volumes and liquidity. Setting strategy to develop business of brokerage and exchange companies. Encouraging knowledge exchange among Arab exchanges. Engaging external experts to enhance market development. Ahmed Bin Sulayem, Chairman and Chief Executive Officer of DGCX, commented: 'DGCX's appointment to the Business Development Committee of the Arab Federation of Capital Markets underscores our pivotal role in the region's financial and commodities landscape. As the largest and most diversified derivatives exchange in the Middle East, DGCX brings deep expertise in market innovation, risk management and regulatory alignment. This recognition not only reinforces our commitment to advancing capital markets across the Arab world but also strengthens Dubai's position as a leading global centre for commodities and financial services.' DGCX has been an active member of the AFCM and is serving on its Audit & Governance Committee. Already underway with its participation at the AFCM annual conference in Tunisia, the Exchange's contribution to the Business Development Committee underscores its ongoing commitment to enhancing regional market structures, expanding product offerings and fostering greater collaboration across the region. This development also elevates the profile of the Dubai Commodities Clearing Corporation (DCCC), DGCX's clearing house, which plays a crucial role in ensuring financial stability and risk mitigation in derivatives trading. With this strategic step, DGCX reaffirms its leadership in financial markets across the Arab world, contributing to an integrated, transparent and globally competitive regional trading environment. About DGCX The Dubai Gold & Commodities Exchange (DGCX) is the Middle East's largest digital marketplace where traders manage risk, protect value and grow portfolios. We drive liquidity in the market by offering a broad range of futures and options contracts covering base and precious metals, hydrocarbons, equities and currencies. Our members get the assurance of a highly regulated derivatives trading and clearing platform, which has global credibility and a proven settlement track record. The DGCX owns and operates the region's largest and only multi-asset Clearing House –. It is recognised as a licensed Central Clearing-Counterparty (CCP) by SCA, and a 'Recognized Clearing House' (RCH) by the Monetary Authority of Singapore (MAS). Additionally, the exchange and clearing house is also regulated by the Securities & Commodities Authority (SCA) in the UAE. Our unique location at the convergence of trade flows, time zones and commerce allow us to seamlessly fill a vital position in the global derivatives landscape, working across any market and geography and providing uninterrupted service with simple and transparent fees, benefitting from the UAE's progressive regulatory framework. For more information, please visit:
