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Sunday, November 22 - 2009

DGCX and Structured Solutions AG announce partnership to launch commodity indices

  • United Arab Emirates: Wednesday, September 09 - 2009 at 12:18
  • PRESS RELEASE

Dubai Gold & Commodities Exchange (DGCX) announced its partnership with German firm Structured Solutions AG, an integrated service provider in the derivatives sector, to launch a series of benchmark indices that track commodity underlyings.

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As per the agreement signed this week, Structured Solutions will create new commodity indices based on DGCX commodity prices primarily targeted at the global investment banking and fund industry. The exchange is the first in the region to customize futures prices into indices.

"Indices are valuable financial tools for identifying trends and assessing investment performance. We are pleased to partner Structured Solutions for the development of a series of strategic initiatives and products, including new commodity indices to help manage fund portfolios,"


said Malcolm Wall Morris, Chief Executive Officer of DGCX.

Elaborating on the partnership, Steffen Scheuble, Chief Executive Officer, Structured Solutions, said, "Commodities have emerged as a crucial asset class and economic indicator during the downturn. Investors are not only increasing exposure to this asset class, but also using it to enhance fundamental research and analysis. As DGCX is the first and largest derivatives exchange in the Middle East, its prices and data are invaluable in our development of new commodity index products."

Services offered by Structured Solutions include conception, development and calculation of indices. The company markets its indices around the world, including the Middle East region, and cooperates with various stock exchanges and index providers in Europe and Asia.
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Notes and media contacts

About DGCX
Dubai Gold and Commodities Exchange (DGCX) is a fully automated, online commodities exchange. Strategically located in Dubai, the exchange is the first international commodity derivatives marketplace in the time zone between Europe and the Far East. DGCX is an initiative of the Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited and Multi Commodity Exchange of India Limited (MCX).

About Structured Solutions
Structured Solutions is a leading company in the area of structuring and indexing for institutional clients. Structured Solutions is part of various cooperations with international stock exchanges and index providers. This includes cooperation with Stuttgart Stock Exchange to run the S-BOX index platform as well as cooperations with Karachi Stock Exchange and Shenzhen Securities Information Company regarding the development and marketing of indices.

Further Information DGCX:

Claire Miller, Head of Marketing
Tel: +971 (0)4 361 1625

Further Information Structured Solutions
Steffen Scheuble, CEO
Tel. +49 (0)69 9760 955 20

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