Dubai –   The Dubai Gold and Commodities Exchange (DGCX) is planning to open an office in India before the end of 2019.

The regional exchange is willing to strengthen their presence in the subcontinent, DGCX’s CEO, Les Male, said in an interview with Arabian Business.

“There is an argument at one point that maybe we have a satellite office in the UK or Europe, or Singapore for the Asian markets. But right now I would certainly be looking, this year, to put in a solution for India,” the top official commented.

In July, the DGCX registered its highest growth ever, recording volumes of 2.382 million lots valued at more than $39.2 billion.

Source: Mubasher

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