DGCX adds three FX pairs

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13 May 2010

Dubai Gold and Commodities Exchange plans to introduce three currency futures on June 15. These will be on the Swiss franc, Australian dollar and Canadian dollar, all against the US dollar. They will be cleared by the Dubai Commodities Clearing Corporation.

Read more: DGCX DCCC FX rupees

The exchange already lists four currency futures, in euros, sterling, yen and Indian rupees against the dollar.

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Poll

What concerns you most about the upcoming regulation changes?

Opportunity for regulatory arbitrage

13%

Impact on revenues

36%

Unnecessary complexity

10%

Workability of central clearing for OTC derivatives

11%

Workability of forcing complex derivatives onto exchanges

30%

Quote

“Even after the President signs the Wall Street reform bill, financial reform will be far from complete.”

Gary Gensler, chairman, CFTC