Trade Center gold
The first of these shares during this period. And the form of the present invention of a new era of Dutch finance: the ownership of shares. The group "in C or" commercial Dutch largest in the world at that time, where the issue of shares to raise funds for investment. Much has changed since then because of the dynamics of the economic cycle, where the world is different today, and things are still evolving. And became a rapidly developing regions such as Asia and the Middle East more powerful at the expense of the United States of America in many cases. Facing our economy and changes in the rapidly changing world of gold. It is known that the Dutch traded in large quantities of gold in the past and Amsterdam was the center of the global trade in diamonds and gold for a long time. These days have become Dubai is the World Center for gold and trade. Trade Center gold Can be considered to Dubai as the main center of gold trade and distribution with the fact that the Middle East, China and India import markets for gold, as evidenced by the World Gold Council recently launched shares went compatible with Islamic law in the Dubai International Financial Exchange, in conjunction with DMCC multiple. The distribution of gold production, which stood, according to a survey on gold prepared by the "Gee, um, um S" in 2006 about 2919 tons, according to following ratios: were exported 800 tonnes to China and 700 in India and 535 in the Middle East and 444 to Europe and 235 in North America and 87 to Russia and 75 to South America, while Australia accounted for 10 tons. Interest in gold has increased significantly in recent times, due in part to the high price. Benefited Dubai Gold and Commodities of this interest in goods in general and gold in particular. The stock market has seen million contracts traded goods worth $ 35 billion in 2007, an increase of 50% compared to 2006. And remained gold futures contracts in the first place, with a trade 700.000 held throughout the year and the total value reached $ 15 billion. Major exchanges What is the stock that can be viewed as competition for the Dubai Gold and Commodities? Is the London Stock Exchange's largest exchange for metals futures contracts, which provide the largest base for trading in futures contracts and other essential minerals. And provide the London Stock Exchange for metals business opportunities as well as cash contracts with expiry dates per day up to three months from date of purchase, in addition to contracts beyond the dates. And provide services as well as hedging and pricing in place in all parts of the world and the option of physical delivery to settle contracts. Contrary to expectations, does not deal with gold and silver in the London Stock Exchange for metals so as not to be a direct competitor to Dubai Gold and Commodities. But are dealing with gold and silver in the direct sales market, which is usually referred to as the market of the London bullion by members of the Assembly of the London market for bullion. And are traded platinum and palladium in the London market for platinum and palladium. In Asia, can be considered as Multi Commodity Exchange in Mumbai and Tokyo Commodity Exchange and Karachi Stock Exchange for items of the national competitors of the Dubai bourse. In the Americas: Stock Exchange Brazil there to trade futures and New York Mercantile Exchange and Chicago Mercantile Exchange. Merged Chicago Mercantile Exchange and Chicago Board of Trade in the summer of 2007 and since then the group has become the Chicago Mercantile Exchange's largest exchange for futures contracts in the world. It is expected to continue to mergers and acquisitions between stock exchanges in the near future, because of the dynamics of the world and the economic cycle.
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