DGCX Brent Crude Oil Futures (DBRC) will allow DGCX participants to trade in the biggest Crude Oil benchmarks globally. Linking up the European referenced market to that of the Americas in WTI. The use of DBRC as a reference pricing mechanism extends far beyond the UK, Europe and other regional markets. The product design of DBRC brings one of the most heavily traded energy products to the DGCX. Alongside WTI, DBRC pricing accounts for over 50% of global supply, with price movements having an impact on prices in territories as far afield as the Middle East, China and the Americas.
Paired with the DGCX’s existing Hydrocarbons portfolio, the DBRC futures contract draws a greater appeal to existing contracts on other exchanges which are of a differing specification. The DBRC contract will help facilitate price discovery by new and existing market participants, offering protection and hedging opportunities to an increasingly motivated trading community.
Trade your views, tax free on the Brent Crude Oil Futures market.
Arbitrage opportunity with global commodity exchanges as well as existing DGCX WTI Futures contracts.
Low cost structure with 80% trading margin offset against the major DGCX WTI and Mini WTI Futures contract.
100% trading margin credit on calendar spreads.
Greater access to international energy markets with clear, understandable rules, regulations and contract specifications
Unique trading opportunity in the region to participate in global oil markets
Unique contract size that can be compared directly or as a ratio to other global exchanges
USD denominated, Cash settled with a tick size of USD $10
Tax Free – No transaction Tax and Zero Capital Gains tax
Market hours encompassing the largest global liquidity pools
Traded on a secure regulated marketplace permitting global participation
| Contract | Parameters |
|---|---|
| Contract Type | Future |
| Contract Name | Brent Crude Oil Futures |
| Contract Symbol | DBRC |
| Underlying | Brent Crude Oil |
| Contract Size | 1,000 Barrels (42,000 Gallons) |
| Notional Contract Value | 1,000 x Price |
| Trading Currency | USD |
| Settlement Currency | USD |
| Price Quote | US Dollars and Cents per Barrel |
| Tick Size | US$ 0.01 |
| Tick Value | US$ 10.00 |
| Settlement Basis | Cash Settled |
| Final Cash Settlement Price (FCSP) | FCSP is based on the publicly available reference price displayed on Last Trading Day |
| Last Trading Day (LTD) | The second last Business Day of the second month preceding the relevant contract month (e.g. the March contract will expire on the second last Business Day in January) |
| Trading Days | Exchange Business Days* |
| Trading Hours | 07:00 – 23:55 Hours Dubai time |
| Trading Months | Monthly contracts for eighteen months forward |
| New Contract Listing | Business Day immediately following the Last Trading Day |
| Max Order Size | 200 Lots |
| Wholesale Trades | Block Trade minimum size threshold: 50 lots. EFP/EFS also available. Trades must be submitted 15 minutes after execution |
| No Cancellation Range | See link: www.dgcx.ae/price-limits |
| Expiry Month | Expiry Code | Last Trading Day |
|---|---|---|
| Nov'24 | DBRC-20240927 | 27-Sep-24 |
| Dec'24 | DBRC-20241030 | 30-Oct-24 |
| Jan'25 | DBRC-20241128 | 28-Nov-24 |
Aertram Trades DMCC, a leading name in the world of commodities trading on the Dubai Gold and Commodities Exchange (DGCX).
1808, Gold Crest Executive Tower,
Cluster C, Jumeirah Lakes Towers, P.O Box 231076, Dubai, United Arab Emirates.
Disclaimer:
AETRAM Trades DMCC (hereinafter referred to as "AETRAM") is a registered company with the Dubai Gold & Commodities Exchange (DGCX) and offers trading services for various products listed on the DGCX platform. As a potential investor, it is important to be aware of the risks involved in trading commodities and financial derivatives.
AETRAM Trades DMCC is a duly licensed and regulated entity by the Securities and Commodities Authority of UAE (SCA) under license number 607017 to conduct Trading broker activities in international markets, and provide Financial Consultation and Financial Analysis services and Promotion. Additionally, AETRAM Trades DMCC operates as a regulated Broker/Clearing Member of DGCX (Registration number DMCC0548 and License number DMCC-30297). Our registered office is located at Office # 3001, Fortune Tower, Cluster C, Jumeirah Lakes Towers, P.O Box 231076, Dubai, UAE.
Trading in commodities and financial derivatives carries inherent risks, and the value of investments can fluctuate, potentially leading to losses that may exceed the initial investment. The commodities and financial derivatives markets are subject to rapid and unpredictable price changes due to various factors, including economic conditions, geopolitical events, and market sentiment. It is crucial to note that past performance is not indicative of future results, and AETRAM does not guarantee any profits or specific investment outcomes.
The information and materials provided by AETRAM are intended for educational and informational purposes only and should not be considered as financial advice. Before making any investment decisions, investors are strongly advised to seek independent professional advice. Clients of AETRAM must comply with the rules and regulations set forth by the DGCX, as failure to do so may result in disciplinary actions. By engaging in trading activities with AETRAM, investors acknowledge and accept the risks involved in trading commodities and financial derivatives. AETRAM shall not be held responsible for any losses incurred by investors, and investors trade at their own risk. It is of utmost importance for investors to thoroughly review and understand the terms and conditions provided by AETRAM and the DGCX before proceeding with any trading activities.
By accessing our website and using the information provided, you acknowledge that you have read and understood this disclaimer and agree to its terms. Trading in commodities and financial derivatives involves inherent risks, and you undertake any transactions at your own discretion and risk. AETRAM Trades DMCC shall not be liable for any losses or damages incurred from your use of the information provided on our website.** This website's information is not intended for use by anybody residing outside UAE or where such use would violate local laws or regulations.
Risk Disclaimer:
Trading Forex and Leveraged Financial Instruments carries a substantial risk and may result in the loss of your invested capital. Only invest funds you can afford to lose and ensure you thoroughly understand the risks involved. Trading leveraged products may not be suitable for all investors. Prior to trading, consider your level of experience, and investment objectives, and seek independent financial advice if needed. The Client is responsible for determining whether they are permitted to use AETRAM TRADES DMCC services based on legal requirements in their country of residence.
"AETRAM TRADES DMCC does not offer its services to residents of specific regions, including Afghanistan, Belgium, Bosnia & Herzegovina, Burundi, Eritrea, Gaza Strip, Haiti, Iran, Iraq, Japan, Lao, Libya, Myanmar, North Korea, Somalia, South Sudan, Sudan, Syria, USA, Venezuela, West Bank, and Yemen."
