Alphabet is a collection of companies that provides ambitious and growing business the resources, independence and freedom to achieve their highest potentials. By having a model that assigns a strong CEO to each business, Alphabet helps businesses prosper through excellent leadership and independence. The founders of one of the largest technology companies in the world, Google, started the new company for a “cleaner and more accountable” business.
The CEO’s of Alphabet companies are chosen and compensated by the CEO and president of Alphabet, Larry Page and Sergey Brin, respectively. In addition, the two main executives of Alphabet also handle the Alphabet capital allocation.
The companies in Alphabet are from several industries including life sciences, technology, investment capital and research. Some of these companies are Calico, GV, Google Capital, Google Fiber, X, Verily and of course Google.
The main goal of Alphabet is to give Alphabet companies the independence and freedom to build their own individual brands. Thus, it should not be mistaken that Alphabet is intending to be one big consumer brand for itself with related products.
“• Getting more ambitious things done.
• Taking the long-term view.
• Empowering great entrepreneurs and companies to flourish.
• Investing at the scale of the opportunities and resources we see.
• Improving the transparency and oversight of what we’re doing.
• Making Google even better through greater focus.
• And hopefully… as a result of all this, improving the lives of as many people as we can.
The key to trading futures succesfully is in being thoroughly educated and informed on not only how the futures market works, but about the specific contract that is being traded. FXPCM is here to provide traders with all that is needed to trade futures successfully. The chart below presents details on the Alphabet futures contract.
|DGCX Contract Symbol||DGOOGL|
|Underlying Equity||ALPHABET INC. (CL-A) (GOOGLE)|
|Notional Contract Value||(Price * Contract Size) in USD|
|Price Quote||Underlying Equity price expressed in USD (example: Bid: 776.8 / Ask 776.9)|
|Minimum Tick Size||0.1|
|Tick Value||USD 1|
|Trading Days||Monday through Friday|
|Trading Hours||07:00 - 23:30 Hours Dubai time (GMT+4)|
|Trading Months||First two (2) serial months and 1 calendar spread|
|Last Trading Day **||Third Friday of the Calendar Month|
|Cash Settlement Day**||Business Day following the Last Trading Day|
|New Contract Listing||Business Day immediately following the Last Trading Day|
|Final Cash Settlement Price Basis||
Based on the market closing price of the Underlying
Equity on the Last Trading Day in the Underlying
Country (source: public domain)
|Settlement Basis||Cash settled in USD|
|Wholesale Trades||Minimum permitted block size is 100 lots|
|Max Open Position Limit||As determined by the Exchange from time to time|
|Max Order Size||1,000 lots|
|Daily Price Movement limit||No Limit, Note 1*|
|Initial Margin based on SPAN||USD 780 (Based on SPAN, subject to change from time to time)|
|Calendar Spread Margin||100% benefit is offered on calendar spread positions|