Dubai Gold & Commodities Exchange (DGCX), the region’s first derivatives exchange went live with the new trading platform, the EOS Trader Platform on March 12, 2013 and completed the migration to the  new technology infrastructure.  The advanced platform will provide the exchange’s growing member community with superior transaction speeds, more efficient means to access liquidity, higher reliability, enhanced trading flexibility and global connectivity.

iLedger Cloud, the cloud based Commodity back office accounting software from Microsign Technologies has successfully migrated all the customers using iLedger to the new system without affecting the operations of the members in any manner. Microsign Technologies is an empaneled vendor of  Dubai Gold & Commodities Exchange (DGCX).

Earlier DGCX had issued sufficient notice and directives with file structures compatible to the new CFT platform. There was mock trading arranged to test the new system.

As the date of launching of the new platform was announced, the new iLedger Cloud back office system was activated centrally. There was no requirement to do any modifications or updations at the broker / member sites as the software was cloud based.