Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news

Breaking-Finance.Com - Today Nasdaq (Nasdaq: NDAQ) and Dubai Gold & Commodities Exchange (DGCX) announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions.

Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news

Breaking-Finance.Com - Today Nasdaq (Nasdaq: NDAQ) and Dubai Gold & Commodities Exchange (DGCX) announced a major market technology agreement for Nasdaq to provide DGCX with a full suite of integrated marketplace solutions.

Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news
10 August 2020 - 11:05

Breaking-Finance.Com - The marketplace solutions, delivered via the Nasdaq Financial Framework, include multi-asset trading and real time clearing capabilities, pre-trade risk management, as well as market intelligence, market surveillance and quality assurance applications required to safeguard the integrity of the market. Nasdaq’s real-time clearing solution will provide DGCX with high-velocity multi-asset class clearing, settlement and risk management capabilities. These are designed for secure, efficient and reliable operations and will allow DGCX to offer full clearing capabilities to external marketplaces, both regionally and globally.“We are pleased to be partnering with Nasdaq in the next stage of the development of DGCX, with their highly-renowned suite of technology solutions that will enable us to provide our Members and their clients with ever-increasing levels of service performance,” said Les Male, CEO at DGCX.

.”“By adopting Nasdaq’s suite of scalable and robust technology, DGCX can further execute on its strategy and vision to evolve its marketplace for investors in the Middle East and beyond,” said Paul McKeown, SVP and Head of Marketplace Operators and New Markets, Market Technology, Nasdaq. “We look forward to supporting DGCX as they continue to strengthen their position as a leading commodities derivatives exchange and CCP in the Middle East.”As a subsidiary of Dubai Multi Commodities Centre, DGCX is the leading commodities derivatives exchange in the Middle East, serving both the Middle Eastern and the global capital markets.

Source = Breaking-Finance.Com

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Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news


Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news


Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news


Finance Breaking news Dubai Gold & Commodities Exchange signs tech deal with Nasdaq last financial news

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