• DGCX Single Stock Futures (SSF) is the first International equity futures product in the Middle East. It provides a proxy to the price performance of global blue chip shares. Participants can replicate their trading and investment strategies using contracts that are traded on the DGCX platform and settled in cash.

    DGCX SSF caters to the need of speculators and investors seeking offshore exposure to blue chips stocks. These include institutional and private investors, investment funds, Hedge Funds seeking opportunities to trade and gain exposure to the price movements of international equities. Participants can go long (Buy SSF) or go short (Sell SSF) to trade a view or hedge an underlying investment position.

    SSF Contract Features:
    • Trade Global Stocks via DGCX Platform
    • Harmonised Contract Specifications
    • No foreign exchange risk on the underlying equity
    • US $ denominated; Cash Settled
    • Retail sized stock futures for ease of trade
    • Competitive transaction costs, optimal leverage
    • No Transaction Tax and Zero Capital Gains tax
    • Keep your money locally while you trade international stocks
    SSF Contract Uses:
    • Trade the volatility of Global Stocks
    • Turn your stock market views into profits
    • Go short (sell) and profit from a downward price movement
    • Replicate Pair trade strategies using highly correlated SSF
    • Trade Calendar spreads at zero margins
  • ContractParameters
    Contract Symbol DHDFCB
    Contract Size 5
    Notional Contract Value (Price * Contract Size) in USD
    Trading Currency USD
    Settlement Currency USD
    Price Quote Underlying Equity price expressed in USD ((example: Bid: 1300.20 / Ask 1300.80)
    Tick Size 0.2
    Tick Value USD 1
    Settlement Basis Cash Settled
    Final Cash Settlement Price Based on the market closing price of the Underlying on the Last Day of Trading in the home market (source: public domain)
    Last Day of Trading Last Thursday of the Calendar Month
    Trading Days Monday through Friday
    Trading Hours 07:00 - 23:55 Hours Dubai time (GMT+4)
    Trading Months First two (2) serial months and 1 calendar spread
    New Contract Listing Business Day immediately following the Last Trading Day
    Max Order Size 1,000 lots
    Initial Margin based on SPAN (Based on SPAN, subject to change from time to time)
    Calendar Spread Margin 100% benefit is offered on calendar spread positions
    Daily Price Movement limit No Limit, Note 1*
    Note 1*: For the avoidance of ‘fat finger’ errors price band shall be 5% from previous settlement price e.g. if previous settlement price is USD 1300.00, the price band is USD 65 i.e. from (USD 1235.00 to USD 1365.00). Exchange shall relax the intra-day price range for the prices of the contract approaching the 5% limit
    Note 2**: Incase of specific Corporate Action the Exchange may affect an early Cash Only Settlement of all existing Contracts on the relevant SSF on the last Cum-Date in relation to the Corporate Action as provided in DGCX By-Laws R.3.1
    Note 3**: On the last trading day the expiring contract will be disabled from trading at 14:00 Hours Dubai time (GMT +4)

  • ProductContractLast trading dateExpiry dateTender start dateTender end dateDelivery start dateDelivery end date
    DHDFCB DHDFCB-20170125 25-Jan-2017 26-Jan-2017 26-Jan-2017 26-Jan-2017 26-Jan-2017 26-Jan-2017
    DHDFCB DHDFCB-20170223 23-Feb-2017 24-Feb-2017 24-Feb-2017 24-Feb-2017 24-Feb-2017 24-Feb-2017
    DHDFCB DHDFCB-20170330 30-Mar-2017 31-Mar-2017 31-Mar-2017 31-Mar-2017 31-Mar-2017 31-Mar-2017
    DHDFCB DHDFCB-20170427 27-Apr-2017 28-Apr-2017 28-Apr-2017 28-Apr-2017 28-Apr-2017 28-Apr-2017
    DHDFCB DHDFCB-20170525 25-May-2017 26-May-2017 26-May-2017 26-May-2017 26-May-2017 26-May-2017
    DHDFCB DHDFCB-20170629 29-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017 30-Jun-2017
    DHDFCB DHDFCB-20170727 27-Jul-2017 28-Jul-2017 28-Jul-2017 28-Jul-2017 28-Jul-2017 28-Jul-2017
    DHDFCB DHDFCB-20170831 31-Aug-2017 04-Sep-2017 04-Sep-2017 04-Sep-2017 04-Sep-2017 04-Sep-2017
    DHDFCB DHDFCB-20170928 28-Sep-2017 29-Sep-2017 29-Sep-2017 29-Sep-2017 29-Sep-2017 29-Sep-2017
    DHDFCB DHDFCB-20171026 26-Oct-2017 27-Oct-2017 27-Oct-2017 27-Oct-2017 27-Oct-2017 27-Oct-2017
    DHDFCB DHDFCB-20171130 30-Nov-2017 04-Dec-2017 04-Dec-2017 04-Dec-2017 04-Dec-2017 04-Dec-2017
    DHDFCB DHDFCB-20171228 28-Dec-2017 29-Dec-2017 29-Dec-2017 29-Dec-2017 29-Dec-2017 29-Dec-2017