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DUBAI (ALETIHAD)
Dubai Gold & Commodities Exchange (DGCX) on Tuesday said is it is modernising its infrastructure by implementing an integrated trading, clearing, and surveillance solution.
The transformation is in partnership with Tata Consultancy Services (TCS) to improve efficiency and speed up the development of new products.
TCS will support DGCX’s derivatives products across energy commodities, currencies, equities, bullion and precious metals. It will also provide the infrastructure for product development and expansion into emerging asset classes such as crypto and tokenised assets.
“Our partnership with Tata Consultancy Services will build the technology foundation for the next stage of our growth, strengthening our offering across energy, currencies, equities, and precious metals, while giving us greater capacity to develop and bring new products to market,” said Ahmed Bin Sulayem, Chairman and Chief Executive Officer of DGCX.
DGCX is the Middle East’s largest digital marketplace where traders manage risk, protect value and grow portfolios
