The Dubai Commodities Clearing Corporation (DCCC) is a Central Counter Party (CCP), providing clearing and settlement for exchange-traded derivatives contracts executed on Dubai Gold & Commodities Exchange (DGCX). DCCC is a DMCC Free Zone Company that is 100% owned by the Exchange and regulated by the Securities & Commodities Authority of the UAE (SCA).
DGCX is a subsidiary of Dubai Multi Commodities Centre (DMCC), a strategic initiative of the Government of Dubai, with a mandate to enhance commodity trade flows through the Emirate by providing the appropriate physical, market and financial infrastructure, including relevant support services. DGCX commenced trading in November 2005, as the regions first commodity derivatives exchange and has become today, the leading derivatives exchange in the Middle East.
DCCC has evolved to become the largest and most diversified CCP operator in the Middle East and has handled DGCX’s clearing without a single default since inception. DCCC is the only CCP in the Middle-East that offers clearing services across asset classes ranging from Precious Metals to Energy to Equity Derivatives.