Berkeley Futures joins DGCX as Broker Clearing Member

  • United Arab Emirates: Wednesday, October 10 - 2012 at 14:54
  • PRESS RELEASE

The Dubai Gold and Commodities Exchange (DGCX) announced that Berkeley Futures Limited, one of the UK's leading futures, options and FX brokers, has been approved as a Broker Clearing Member of DGCX.

Berkeley Futures Limited is a UK, FSA regulated brokerage house that offers its clients the ability to trade a multitude of worldwide markets including Futures, Options, Contracts for Difference (CFDs), Equities, Bullion, and can cater for both retail and professional clients.

Gary Anderson, CEO of DGCX, said, "We are very happy to welcome Berkeley Futures to the DGCX community as a Broker Clearing Member. DGCX is keen to partner with global brokerages such as Berkeley Futures as part of our objective of widening the range of products and growing the pool of expertise in the region's derivatives market. The presence of institutions like Berkeley Futures in our Member community is testament to our ability to provide a productive environment for brokerages to grow their business."

Berkeley Futures adds to DGCX's growing international membership base. A range of market players, including commercial institutions, funds, arbitrageurs, HNWIs, proprietary traders and private investors are Members of DGCX. As of September 2012, DGCX has 265 Members and is continually looking at new product development initiatives to attract an even greater diversity of Members.

Andrew Woodward, Director of Berkeley Futures Ltd, said, "We are extremely pleased to join DGCX as a Broker Clearing Member. Membership of the exchange is a key step forward in the expansion of our futures and options coverage, and enhances our trading offering to clients in the MENA region and increases our connectivity to 24 worldwide futures and options exchanges through one dealing platform. We look forward to working closely with DGCX not only to grow our business but also to contribute to the growth of the regional derivatives."

London based Berkeley is part-owned by Macquarie Investments (UK) Limited, a UK investment subsidiary of Macquarie Group, a global provider of banking, financial, advisory, investment and fund management services.
 
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