Preparing the ground for the October launch of its steel rebar futures contract, Dubai Gold and Commodities Exchange (DGCX), the Middle East?s first international commodity derivatives market, has begun organising a series of road shows and seminars aimed at engaging the regional steel community and investor base on trading steel futures.
The first of this series was held in Dubai on Sunday, September 9.
The series of investor road shows planned by the Dubai exchange is expected to go a long way in equipping the steel community and other investors with the essential know-how on the functional and technical aspects of trading in derivatives.
Commenting on the road shows, Colin Griffith, chairman of DGCX, said, ?Ever since we have announced the launch of the contract, we have been receiving enthusiastic responses from across the spectrum – producers, financial institutions, hedge fund managers and investors playing in the metals market.?
The move marks a significant step forward in the introduction of steel derivatives to regional participants.