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DGCX introduces online certification course
- United Arab Emirates: Tuesday, October 18 - 2005 at 14:43
- PRESS RELEASE
The Dubai Gold and Commodities Exchange (DGCX) today announced the launch of its DGCX Commodity Professional Program (DCPP).
The DCPP will serve to educate and enable participants from other financial services industries to become well-versed with commodity derivatives markets. The qualification will ensure that holders have acquired sufficient knowledge of the subject. Emphasis will be given to provide practical knowledge rather than theoretical knowledge.
Framroze Pochara, CEO of DGCX said: "In addition to creating the world's newest commodities exchange we have a duty to educate the local workforce. This will add strength to the initiatives of Dubai Government to position Dubai as a knowledge economy and will result in employment generation. A key objective of the DGCX is to develop understanding of commodities markets amongst UAE Nationals and the wider expatriate community.
"The DCPP certification is expected to be one of the fastest growing professional credentials in the region and will be a globally recognized standard for measuring the competence and expertise of commodity and derivatives professionals. This is an opportunity for existing professionals from the industry as well as others who are interested in pursuing new careers in this exciting field." Mr. Pochara added.
The uniqueness of DCPP is its online examination feature using which the candidate is informed about the results immediately after they appear for the exam. The awarded certification has a validity of three years, starting from the date of its issue. Prospective candidates may visit the DGCX website for additional information about the DGCX Commodity Professional Program.
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Notes and media contacts
About DGCXThe Dubai Gold and Commodities Exchange (DGCX) is a fully automated, screen-based, online commodities exchange scheduled to start live operations in November 2005.Strategically located in Dubai, the exchange is the first international commodities derivatives marketplace in the time zone between Europe and the Far East. A joint venture between the Dubai Metals and Commodities Centre, (DMCC), Financial Technologies (India) Limited (FTIL) and Multi Commodity Exchange of India Ltd. (MCX), the DGCX will be located in the DMCC free zone in the prestigious purpose-built AU (Gold) Tower. With its extensive portfolio of listed commodities including Gold, Silver, Freight, Cotton, Steel and Marine Fuel Oil, DGCX is set to offer an efficient electronic platform for the trading, clearing and settlement of a diverse range of commercially important derivative products.
For further information, please contact:
Dubai Gold & Commodities Exchange
Rola Shalak
Senior Executive - Marketing
Mob: +97150 6451736
Or
Citigate
John Hobday
Citigate Middle East
Tel: +971 (4) 332 8832
Mob: +971 (0) 50 464 8706
Manash Bhuyan
Citigate Middle East
Tel: +971 (4) 332 8832
Mob: +971 (0) 50 841 9631
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Posted by Anne-Birte Stensgaard, Senior News Editor
