Dubai has historically been the pivot point for the physical trade of gold along with many other commodities. DGCX, majorly owned by Dubai Multi Commodities Centre (DMCC), was established in the wake of taking advantage of this situation and hence contribute towards the local economy. It commenced trading in November 2005 becoming the first of its kind in the Middle East region and today it is one of the leading commodity derivatives exchange in the region.
This initiative from the government of Dubai enhance the commodities trade flows in the Emirate by providing physical, market, financial infrastructure and services required. The Management team of DGCX comprises senior personnel from the commodities, securities and financial services industries bringing a wealth of experience and expertise to ensure the success of DGCX.