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PRODUCTS

GTL offers the following products to its clients:

GOLD FUTURE

Dubai has an impressive history and established trade in the precious metals industries. DGCX launched its trading operations with a gold futures contract. The gold contract unit will be 1 kilogram of gold (0.995 fineness) deliverable at DGCX-approved vaults in the United Arab Emirates (UAE).

Contract Specifications

Booklet

SILVER

Dubai remains a crucial link in the international silver trade and the silver contract was the second contract launched on DGCX. The silver contract will be for 1,000 troy ounces of silver (0.999 fineness) and deliverable at DGCX-approved vaults in the UAE.

Contract Specifications

Booklet

CRUDE OIL

DGCX announced the launch of West Texas Intermediate Light Sweet Crude (DWTI) Oil futures contract on Tuesday May 20th 2008 which has been available for trading since Tuesday 27th May 2008.

DGCX West Texas Intermediate Light Sweet Crude Oil Futures (DWTI) makes one of the world's most significant crude oil benchmarks available to both regional and international market participants, allowing them to benefit from trading and clearing transactions under the regulatory and taxation rules of the UAE.

The DWTI contract is for 1,000 barrels and the contract price is quoted in US Dollars and cents per barrel. The minimum price fluctuation will be one US cent per barrel, equivalent to a tick value of $10.00.

Light Sweet Crude is preferred by refiners because of its low sulphur content and relatively high yields of high-value products such as gasoline, diesel fuel, heating oil and jet fuel. Crude oil is one of the world's most widely used commodities and is among the most liquid futures contract available. The term “crude oil” refers to petroleum in its raw form. Crude oil becomes useful after the refining process, which produces numerous oil-based component products including petroleum gas, diesel, and lubricants, heating oil, lubricating oils, aviation gasoline and asphalt. WTI, also known as Texas Light Sweet, is a type of light crude, but lighter and sweeter than Brent Crude. Its properties and production sites make it ideal for refinement in the United States, mostly in the Midwest and Gulf Coast regions.

Contract Specifications

Booklet

CURRENCIES

In a landmark development, DGCX introduced the world's first exchange-traded Indian Rupee currency futures contract on June 7th 2007 in addition to three major currencies which were already listed (Euro/Dollar, Yen/Dollar and Sterling/Dollar). All DGCX currency futures contracts are physically deliverable contracts which have now established DGCX as the premium commodities exchange in the Middle East which offers trading opportunities in precious metals, currencies and energy futures on the same platform.

Currency futures contracts provide a clear advantage over a number of other financial products as market participants can both trade and hedge commodity as well as currency risk on the same exchange.

This pioneering initiative is expected to generate a lot of interest among corporate treasuries, importers, exporters, inter-bank dealers and retail participants in the region who traditionally had to resort to banks and other large financial institutions for their foreign exchange market requirements. DGCX currency futures products represent great opportunities for private investors and represent an important risk management tool for foreign currency market participants in the region.

Contract Specifications

FUEL OIL

The Arabian Gulf has tremendous liquidity in fuel oil in terms of both freely traded import/export volumes and bunkers traded in Fujairah, the world's second largest bunker market (12 million tonnes per annum). The volumes traded in the Gulf markets are forecast to continue growing substantially over the next decade.

Contract Specifications

Booklet

STEEL

On October 29th 2007 DGCX launched the world’s first internationally tradable steel futures contracts, and the first product offering was for rebar. The PDF below provides an overview of steel futures contracts and more details are available here. In time, the exchange plans to introduce contracts servicing the Eurasian heavy plate, hot rolled coil and stainless steel sectors.

Contract Specifications

Booklet