DGCX Single Stock Futures (SSF) are the first International Equity Futures product in the Middle East. They provide a proxy to the price performance of US blue chip equities. Participants can replicate their trading and investment strategies using contracts that are traded on the DGCX platform which are cash settled. DGCX SSF caters to the need of speculators and investors seeking offshore exposure to US equities without foreign exchange risk. These include institutional and private investors, investment funds and Hedge Funds seeking opportunities to trade and gain exposure to the price movements of US equities. Participants can buy or sell futures to trade their view or hedge an underlying investment position.
Trade blue chip US stocks on the DGCX platform
Quoted and Cash settled in US Dollars (USD)
Tax Free – Zero Transaction Tax, Capital Gains Tax or conversion cost
Retail sized stocks for ease of trade with optimal leverage
Access US Equity markets with clear, understandable regulations and low-cost structure
Unique trading opportunity to participate in US Equity markets without any Foreign Exchange Risk
Opportunity to trade prior to US Market hours attracting additional global liquidity pools
Margin funding is held locally in the UAE while trading the US Markets
Traded on a globally recognized, regulated and safe platform permitting greater participation and transparency
| Contract Group | Contract Name | Contract Symbol | Contract Size | Tick Size | Tick Value |
|---|---|---|---|---|---|
| 1 | Alphabet INC | DGOOGL | 5 | 0.2 | 1 |
| 2 | Apple INC | DAAPL | 50 | 0.02 | 1 |
| 2 | Facebook INC | DFB | 50 | 0.02 | 1 |
| 3 | JP Morgan INC | DJPM | 100 | 0.01 | 1 |
| 3 | Microsoft INC | DMSFT | 100 | 0.01 | 1 |
| Contract Type | Future |
|---|---|
| Contract Name | Single Stock Futures (SSFs) |
| Contract Symbol | See attached for individual SSF symbols |
| Underlying | Relevant equity listing |
| Contract Size | Group 1: 5 shares; Group 2: 50 shares; and Group 3: 100 shares |
| Notional Contract Value | Relevant number of shares x price |
| Trading Currency | USD |
| Settlement Currency | USD |
| Price Quote | US Dollars |
| Tick Size | Group 1: 0.20; Group 2: 0.02; and Group 3: 0.01 |
| Tick Value | US $ 1 |
| Settlement Basis | Cash Settled |
| Final Cash Settlement Price (FCSP) | FCSP is based on the closing price of the underlying equity on Last Trading Day |
| Last Trading Day (LTD) | Third Friday of the expiry month |
| Trading Days | Exchange Business Days* |
| Trading Hours | 07:00 – 23:55 Hours Dubai time |
| Trading Months | Monthly contracts for two months forward |
| New Contract Listing | Business Day immediately following the Last Trading Day |
| Max Order Size | 1,000 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 |
|---|---|---|
| Alphabet Inc Futures | ||
| Sep'24 | DGOOGL-20240920 | 20-Sep-24 |
| Oct'24 | DGOOGL-20241018 | 18-Oct-24 |
| Apple Inc Futures | ||
| Sep'24 | DAAPL-20240920 | 20-Sep-24 |
| Oct'24 | DAAPL-20241018 | 18-Oct-24 |
| Facebook Inc Futures | ||
| Sep'24 | DFB-20240920 | 20-Sep-24 |
| Oct'24 | DFB-20241018 | 18-Oct-24 |
| JP Morgan Chase Futures | ||
| Sep'24 | DJPM-20240920 | 20-Sep-24 |
| Oct'24 | DJPM-20241018 | 18-Oct-24 |
| Microsoft Corporation Futures | ||
| Sep'24 | DMSFT-20240920 | 20-Sep-24 |
| Oct'24 | DMSFT-20241018 | 18-Oct-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."
