Microsoft is an American multi-national technology company that produces, sells, licenses and manufactures computer software, personal computers and online services. Co-founders Bill Gates and Paul Allen initially started Microsoft in 1975 to develop and sell program interpreters for the Altair 8800 microcomputer. Since the start of the company, Microsoft has diversified from focusing on the operating system market to the video game industry, digital services market and mobile phones.
In the mid 1980’s, Microsoft rose to domination in the personal computer operating system market with the MS-DOS, which was soon followed by Microsoft Windows. Today, Microsoft is the worlds largest software company by revenue as well the one of the world’s most valuable companies. The Microsoft stock is also considered one of the most valuable stocks on the technology market on the being the stock with the largest market capitalization. The growth of Microsoft stock has been so dramatic that a $1,000 invested in 1986 is now worth $740,000.
· The number of Microsoft employees has increased from 60,000 in 2005, to 114,000 today.
· The number of Microsoft Office users has exceeded 1.2 billion in 140 countries
· The number of devices with Windows 10 has reached 400 million
· Microsoft office has been downloaded 340 million times on mobile devices
Over the past decade, we have become one of the best brokers to trade futures contracts with by providing traders all the resources they need to trade successfully. Traders can use their thorough knowledge and advanced futures trading techniques to succeed in futures through our futures trading platform. The best time to trade Microsoft futures can be determined using many factors, which are all provided to you by PCM International. The table below exposes the details of his futures contract.
|DGCX Contract Symbol||DMSFT|
|Underlying Equity||MICROSOFT CORPORATION|
|Notional Contract Value||(Price * Contract Size) in USD|
|Price Quote||Underlying Equity price expressed in USD (example: Bid: 56.13 / Ask 56.14)|
|Minimum Tick Size||0.01|
|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 560 (Based on SPAN, subject to change from time to time)|
|Calendar Spread Margin||100% benefit is offered on calendar spread positions|