The Pakistani Rupee (PKR) Futures Contract, the first of its kind on any regulated exchange in the world. DGCX is pioneering the launch of such contract in the market giving more trading and hedging opportunities to a larger scale of market participants and investors in UAE, GCC and globally.

  • Expanding trading opportunities in the region to participate in the Pakistani market.
  • The margin offsets by DCCC for calendar spreads in PKR Futures offers greater capital efficiency.
  • Provides the availability to hedge for market participants with exposure to the Pakistani Rupee.
  • Traded on a globally recognized, regulated and safe platform permitting greater participation.

Contract Specifications

ContractParameters
Contract TypeFuture
Contract NamePKR/US Dollar
Contract SymbolDPKR
UnderlyingPakistani Rupee
Contract SizePKR 2,000,000
Notional Contract ValuePKR 2,000,000
Trading CurrencyUSD
Settlement CurrencyUSD
Price QuoteUS Dollars quoted in Cents per 100 Pakistani Rupees
Tick SizeUS$ 0.01
Tick ValueUS$ 2.00
Settlement BasisCash Settled
Final Cash Settlement Price (FCSP)FCSP is based on the official USDPKR reference rate issued by relevant body on Last Trading Day
Last Trading Day (LTD)Two Business Days prior to the last Business Day of the contract month
Trading DaysExchange Business Days*
Trading Hours07:00 – 23:55 Hours Dubai time
Trading MonthsMonthly contracts for twelve months forward
New Contract ListingBusiness Day immediately following the Last Trading Day
Max Order Size200 Lots
Extra MarginAt times of high volatility, an extra margin, as deemed fit by the clearing house (DCCC)
Calendar Spread MarginMargin Offsets are offered on calendar spread positions
Wholesale TradesBlock Trade minimum size threshold: 50 lots. EFP/EFS also available. Trades must be submitted 15 minutes after execution
No Cancellation RangeSee link: www.dgcx.ae/price-limits

Contract Calendar

Expiry MonthExpiry CodeLast Trading Day
May'21DPKR-2021052727-May-21
Jun'21DPKR-2021062828-Jun-21
Jul'21DPKR-2021072828-Jul-21
Aug'21DPKR-2021082727-Aug-21
Sep'21DPKR-2021092828-Sep-21
Oct'21DPKR-2021102727-Oct-21
Nov'21DPKR-2021112626-Nov-21
Dec'21DPKR-2021122929-Dec-21
Jan'22DPKR-2022012727-Jan-22
Feb'22DPKR-2022022424-Feb-22
Mar'22DPKR-2022032929-Mar-22
Apr'22DPKR-2022042727-Apr-22