Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 3)
3.
Which company partnered with the Dubai Gold & Commodities Exchange to modernise its derivatives market infrastructure?
Answer: Option
Explanation:
Tata Consultancy Services (TCS) partnered with the Dubai Gold & Commodities Exchange (DGCX) on September 15, 2026, to modernise its market infrastructure through a next-generation integrated platform. The project includes trading, clearing, and surveillance capabilities designed to improve efficiency and future-proof DGCX operations. The technology stack includes TCS BaNCS for Market Infrastructure, Quartz for Surveillance, TCS BaNCS Securities Trading, and TCS Quartz Gateway. The platform supports energy, currencies, equities, bullion, and precious metals, while also enabling future expansion into emerging asset classes such as crypto and tokenised assets. TCS is headquartered in Mumbai, Maharashtra, and was established in 1968.
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