DS
1,000 troy ounces.
Min 0.999 purity, as per Dubai Good Delivery Standard
Mar, Jul, Sep and Dec
Third last Business Day of the month falling immediately before the Delivery Month
Business Day immediately following Last Trading Day of Expiring Contract
US$ quoted in Cents per troy ounce
US$ 0.005 (US $ 5 per contract)
US$ quoted in Cents - 50 Cents - Note 1*
As determined and specified by the Exchange
200 contracts
Monday through to Friday
07:00 - 23:30 Hours Dubai time (GMT+4)
EFS, EFP, Block trade facilities available
$900 per contract
Depending upon each class of asset, spread position margin (Calendar spread margin) is charged using SPAN framework. In case of Silver, 100% benefit is offered on calendar spread position
In case of additional volatility, an Extra Margin as deemed fit by the Exchange; may be imposed on all open positions
Five (5) times of the Initial Margins.
30 Kg
30 Kilograms cast in one bar of 1,000 troy ounces (10% more or less)
Minimum 0.999 fineness - Note 2*
Names as listed on the DGCX website
Names as listed on the DGCX website
Names as listed on the DGCX website
First through Fifth Delivery Day of the Delivery Month
Business Day immediately preceding First Delivery Day
Business Day immediately preceding Fifth Delivery Day
The Matching of Buyers and Sellers for Gold delivery will be completed on a time priority basis upon receipt of their Tender/ Delivery Notices
Rates applicable as published on the DGCX website
Dubai Gold Receipt (i.e. Standard DGR along with validated Refiner's certificate or CMI-Certified DGR only)
Open Positions that have not been closed out on the Last Day of Trading are subject to cash settlement as per Silver cash settlement rice declared by the Exchange
The Final Silver cash settlement price for Silver Futures at the Close on the Last Day of Trading shall be the settlement price as made public by COMEX for the delivery month which corresponds to the applicable DGCX Delivery Month