Gold & Silver Trading
Currency Trading
Commodity Trading

In a landmark development,
DGCX introduced currency futures
contracts in 3 major currencies - Euro-
Dollar, Yen-Dollar and Sterling-Dollar within 3 months of launching Silver futures. Currency futures contracts have maturities in March, June, September and December each year. These are physically deliverable contracts, which have now established DGCX as the only commodities exchange offering trading in precious metals and currencies on the same platform in the Middle East.

Currency futures contracts provide an edge to our customers by providing the unique advantage to trade and hedge commodity as well as currencies risk on the same exchange.

This pioneering initiative is expected to generate interest among corporate treasuries, importers, exporters, inter-bank dealers and retail participants in the region, who were traditionally confined to banks and other large financial institutions for their foreign exchange market requirements. DGCX's currency futures product will be an opportunity for private investors and an important risk management tool for foreign currency market participants in the region.





Dubai Euro-Dollar FX Futures Contract Trading
Symbol DEUR
Contract Size € 50,000
Trading Months Mar, Jun, Sep and Dec
Last Trading Day 2 Business days before 3rd Wednesday of Expiry month
Settlement Date 3rd Wednesday of Expiry Month
Price Quote US$ quoted in Cents per €
Minimum Tick Size US$ 0.0001 per € or $ 5 per tick
Initial Margin USD 1,200
Spread Position Margin Nil on matched positions.
Extra Margin In case of additional volatility, an Extra Margin as deemed fit by the Exchange; will be imposed on all open positions.
Trading Days and
hours
Monday through Friday
1000 - 2130 Hrs (GMT + 4 hours)
Maximum Order Size Banks and institutions promoted by Banks -
500 Lots
All other entities - 200 Lots
Price Limit No Price Limits* (Note 1)
Dubai Sterling-Dollar FX Futures Contract Trading
Symbol DGBP
Contract Size £ 50,000
Trading Months Mar, Jun, Sep and Dec
Last Trading Day 2 Business days before 3rd Wednesday of Expiry month
Settlement Date 3rd Wednesday of Expiry Month
Price Quote US$ quoted in Cents per £
Minimum Tick Size US$ 0.0001 per £ or $ 5 per tick
Initial Margin USD 1,400
Spread Position Margin Nil on matched positions.
Extra Margin In case of additional volatility, an Extra Margin as deemed fit by the Exchange; will be imposed on all open positions.
Trading Days and
hours
Monday through Friday
1000 - 2130 Hrs (GMT + 4 hours)
Maximum Order Size Banks and institutions promoted by Banks -
500 Lots
All other entities - 200 Lots
Price Limit No Price Limits* (Note 1)
Dubai Yen-Dollar FX Futures Contract Trading
Symbol DJPY
Contract Size ¥ 5,000,000
Trading Months Mar, Jun, Sep and Dec
Last Trading Day 2 Business days before 3rd Wednesday of Expiry month
Settlement Date 3rd Wednesday of Expiry Month
Price Quote US$ quoted in Cents per 100 ¥
Minimum Tick Size US$ 0.000001 per ¥ or $ 5 per tick
Initial Margin USD 1,000
Spread Position Margin Nil on matched positions.
Extra Margin In case of additional volatility, an Extra Margin as deemed fit by the Exchange; will be imposed on all open positions.
Trading Days and
hours
Monday through Friday
1000 - 2130 Hrs (GMT + 4 hours)
Maximum Order Size Banks and institutions promoted by Banks -
500 Lots
All other entities - 200 Lots
Price Limit No Price Limits* (Note 1)
Note 1: - There will be no limits on intra-day price movements, however to restrict data-entry errors; system will not allow entry of orders having prices higher or lower than 2 US cents as compared to the previous day's settlement price. Exchange shall relax the intra-day price range for the prices of the contract approaching the 2 US cents limit.
 
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