Dubai DGCX plans to offer Sensex Futures “very soon”

As part of its expansion plans, the Dubai Gold and Commodities Exchange, DGCX, plans to introduce “very soon” derivatives trading based on the Bombay Stock Exchange’s benchmark index, a move that will allow overseas investors greater access to Indian equities, according to a bourse executive.

The exchange is awaiting final regulatory clearances to launch futures products based on the BSE Sensitive Index, or Sensex, Simarjeet Baweja, head of academy at DGCX Dubai Gold and Commodities Exchange, said at an event in Dubai.