DGCX West Texas Intermediate Light Sweet Crude Oil Futures
1,000 barrels (42,000 gallons)
US Dollars and Cents per barrel
US$ 0.01 per barrel (US$ 10 per tick)
No Limit - Note 1*
Cash Only Settlement Contract
The front month settlement price for WTI Crude Oil futures as made public by NYMEX for the Last Day of Trading of the DGCX front month contract
Twelve consecutive months plus ten contract months consisting of June and December months will be listed for an additional five calendar years
Monday through to Friday
07:00 - 23:30 Hours Dubai time (GMT+4)
Last Day of Trading shall be the fourth US business day prior to the 25th calendar day of the month that precedes the Delivery Month. If the 25th calendar day is not a US business day; Last Day of Trading shall be the fourth US business day prior to the US business day that precedes the 25th calendar day. If the fourth US business day is not a DGCX Business Day, then the preceding DGCX Business Day shall be the Last Day of Trading
The Business Day folloing the last day of trading
Business day immediately following the last trading day
As per DGCX By-Laws. Minimum Blcok size permitted is 200 contracts.
Up to 15 minutes after cessation of trading on any trading day
Click on the "Initial Margin" TAB
100% benefit is offered on calendar spread positions.
At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged.