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 Specifications

Contract GroupContract NameContract SymbolContract SizeTick SizeTick Value
1Alphabet INCDGOOGL50.21
2Apple INCDAAPL500.021
2Facebook INCDFB500.021
3JP Morgan INCDJPM1000.011
3Microsoft INCDMSFT1000.011
Contract TypeFuture
Contract NameSingle Stock Futures (SSFs)
Contract SymbolSee attached for individual SSF symbols
UnderlyingRelevant equity listing
Contract SizeGroup 1: 5 shares; Group 2: 50 shares; and Group 3: 100 shares
Notional Contract ValueRelevant number of shares x price
Trading CurrencyUSD
Settlement CurrencyUSD
Price QuoteUS Dollars
Tick SizeGroup 1: 0.20; Group 2: 0.02; and Group 3: 0.01
Tick ValueUS $ 1
Settlement BasisCash 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 DaysExchange Business Days*
Trading Hours07:00 – 23:55 Hours Dubai time
Trading MonthsMonthly contracts for two months forward
New Contract ListingBusiness Day immediately following the Last Trading Day
Max Order Size1,000 Lots
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

*See Exchange By-Laws Part S

Contract Calendar

Expiry MonthExpiry CodeLast Trading Day
Alphabet Inc Futures
Dec'24DGOOGL-2024122020-Dec-24
Jan'25DGOOGL-2025011717-Jan-25
Apple Inc Futures
Dec'24DAAPL-2024122020-Dec-24
Jan'25DAAPL-2025011717-Jan-25
Facebook Inc Futures
Dec'24DFB-2024122020-Dec-24
Jan'25DFB-2025011717-Jan-25
JP Morgan Chase Futures
Dec'24DJPM-2024122020-Dec-24
Jan'25DJPM-2025011717-Jan-25
Microsoft Corporation Futures
Dec'24DMSFT-2024122020-Dec-24
Jan'25DMSFT-2025011717-Jan-25