GL TRADE, a global provider of integrated software applications to financial institutions, has added a new gateway offering access to the Dubai Gold & Commodities Exchange (DGCX) to its existing range of electronic exchange connectivity.
The DGCX, the first international commodities exchange to be established in the Middle East back in late-2005, is an electronic exchange offering a range of contracts including futures on gold (and options), silver, currencies and fuel oil.
GL TRADE has developed a gateway directly connected to the central system of the exchange. The group will offer market data and electronic order routing to all local and international members as well as its clients.
“We have worked closely with GL TRADE to achieve a complete and successful test and we now look forward to welcoming order flow from the GL TRADE customer community,” says Colin Griffith, chairman of DGCX.