Don’t miss the latest developments in business and finance.

DGCX extends trading hours for Indian rupee futures

Image
Press Trust of India Dubai
Last Updated : Jan 21 2013 | 6:14 AM IST

Beginning June 4, the exchange will open from 07:00 (UAE time), 1 hour and 30 minutes earlier than its previous opening time, the exchange said in a release.

"The 30 minute window between DGCX opening and the Exchange traded currency derivatives market opening in India will allow participants on the DGCX an opportunity to take positions based on overnight indicators, putting them ahead of the momentum curve," the exchange said.

The extended opening hours are predicted to be of greatest interest to participants trading in Indian rupee (INR) Futures and will enhance DGCX

Also Read

First Published: Jun 01 2012 | 5:55 PM IST

Next Story