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DGCX Welcomes ICBC As A Clearing And Settlement Bank

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Dubai Gold & Commodities Exchange (DGCX) today announced that Industrial and Commercial Bank of China Limited (ICBC), the world’s largest bank, has joined as a Settlement Bank for Dubai Commodities Clearing Corporation (DCCC) - a wholly owned subsidiary of DGCX that acts as a central counterparty for all trades executed on the Exchange. With the addition of ICBC, DCCC has expanded its network of Settlement and Clearing Banks to 6 global banks.

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