What is Facebook

Facebook is today’s largest social media platform with over 1.7 billion active users. The company is headquartered in California, U.S. and is mostly known for helping users re-unite with friends and relatives whom they had lost contact with and to stay connected with family and friends through Facebook posts.The founder of Facebook, Mark Zuckerberg, was studying at Harvard University when he created Facebook in 2004. The website was originally created for Harvard students, which then expanded to other universities and eventually to anyone above the age of 13.


Facebook Company Mission

“Facebook’s mission is to give people the power to share and make the world more open and connected.


Why Trade Facebook Futures

When choosing the best investment vehicle, futures contracts offer a long list of advantages for traders. Having been traded in the form of a future, Facebook also carries with it these advantages. The Benefits of trading Facebook futures are mentioned and described below:


-Instant access to profits

            Unlike many other trading vehicles, trading futures provides you with instant access to your profits.


-Holding on to trade positions

            While trading Facebook futures, you may have a whole year to hold on to your position without worrying about roll-overs or interest rates


-Low Margin requirements

            As previously mentioned, futures trading is a highly leveraged trading instrument. It follows that Futures margin requirements are incredibly low. As a result, traders can expose themselves to a larger value of stocks than they could when trading the original stocks.


Facebook Financial Data

Revenue: $6436 million

Gross Profit: $5520 million

Net Income: $2055 million

Total Assets: $55739 million

Total Equity: $50383 million


 A key factor of trading futures successfully is being educated about potentially profitable trading opportunities and knowing their in-depth specifications and benefits. The table below is provided for further details about the contract.


Contract Parameters
DGCX Contract Symbol DFB
Underlying Equity FACEBOOK INC.
Underlying Country U.S.A
Contract Size 10
Notional Contract Value (Price * Contract Size) in USD
Price Quote Underlying Equity price expressed in USD (example: Bid: 106.8 / Ask 106.9)
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 160 (Based on SPAN, subject to change from time to time)
Calendar Spread Margin 100% benefit is offered on calendar spread positions

Note 1*: For the avoidance of ‘fat finger’ errors price band shall be 5% from previous settlement price e.g. if previous settlement price is USD 106.8, the price band is USD 5 i.e. from USD 101.8 to USD 111.8)