Newedge is now using a Dubai Point of Presence (POP) connection to facilitate access to the Dubai Gold & Commodity Exchange (DGCX).
The new connection means that traders from around the world can trade DGCX contracts via a fixed, high bandwidth and more secure communication line rather than an internet-based connection.
Speed and connectivity are paramount to ensuring the seamless execution of derivatives transactions. DGCX already has the unique advantage of being located in a strategic time zone and location between the markets of the West and the Far East, says Malcolm Wall Morris, chief executive officer, DGCX.
Newedge is a leading and premium choice for exchange-based execution and offers a robust trading platform to a growing base of global clients. Our investment in establishing direct connectivity to DGCX was based on the increased interest among our clients in capitalizing on the commodity and currency trading opportunities offered by the Exchange, says Amaury de Villemandy, CEO, Newedge Europe & Middle East.
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