The Dubai Gold and Commodities Exchange (DGCX) continued to see robust trading activity in April, with members increasingly seeking to protect themselves against volatility and global economic uncertainty.
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About DCCC

The Dubai Commodities Clearing Corporation (DCCC) is a Central Counterparty (CCP) providing clearing and settlement services to the Dubai Gold & Commodities Exchange (DGCX). DCCC is a wholly-owned subsidiary of DGCX which is in turn owned by the Dubai Multi Commodities Centre (DMCC). DMCC is a strategic initiative of the Government of Dubai, which regulates, promotes and facilitates trade across a range of commodities.

DCCC and DGCX commenced operations in 2005, with DCCC being the only CCP in the region, providing clearing and settlement services across a broad range of asset classes, encompassing base and precious metals, hydrocarbons, currencies, and equities.

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Since 2005 DCCC has been clearing trades for the DGCX and has worked with its clearing members and partners to create a safe, secure and regulatory compliant infrastructure.

The DCCC clears DGCX products across four asset classes: Currencies, Base and Precious Metals, Hydrocarbons and Equities, making DCCC the largest clearing house in MENA.

DCCC has the capability to provide clearing, settlement and risk management services for other market infrastructure providers, across multiple asset classes as required.