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FinancialNews


  • 08-09-19

    Dubai, Nepal exchanges ink agreement

    (MENAFN) An agreement was secured between the Dubai Gold & Commodities Exchange (DGCX) and the Multi Derivatives Exchange Nepal (MDX) on cooperation and information exchange related to spheres of mutual interest.

    Under the memorandum of understanding, the two sides are set to conduct workshops and meetings aimed at strengthening relations and encouraging solid collaboration.

    DGCX, as per the deal, will be joining hands with MDX on a range of activities covering trading, clearing, settlement, delivery of contracts, compliance and surveillance.

    "This agreement comes in accordance with our vision to expand our knowledge base, and foster more collaboration in the industry and across borders," stated CEO of DGCX Les Male.

    Male added "at DGCX, we are always looking for innovative ways to develop and enhance our offering, and we are confident that this partnership will lead to a successful and fruitful outcome that is mutually beneficial to both parties."

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