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“FX Futures Trading at DGCX” Samir Shah, Chief Business Officer. About DGCX. 2. DCCC. Clearing house. Initiatives. Regulated. Metals, Energy & Currencies. 12.2 Million Contracts, valued at US$ 560 billion. 3. Products. Volume. 252 members and 64 clearing members. Members. Growth.
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“FX Futures Trading at DGCX”Samir Shah, Chief Business Officer
About DGCX 2 DCCC Clearing house Initiatives Regulated
Metals, Energy & Currencies 12.2 Million Contracts, valued at US$ 560 billion 3 Products Volume 252 members and 64 clearing members Members Growth Volume is up 120% Y-O-Y CAGR (6 years): 58% DGCX Region’s 1st and largest derivatives exchange
The DGCX Advantage 4 4 Key economic indicatorson one Exchange Ideal location and trading hours Unique Indian Rupee Futures Liquid markets and tight spreads Low transaction fee structure
The Global FX Market 5 5 US $4 trillion is the daily turnover 20% growth on 2007 volumes Volatility increased
Are we competitive? 6 US¢ 0.01 – 0.02, LOCAL US¢ 0.01 – 0.02, CME US¢ 0.01 – 0.03, DGCX
Are we competitive? 7 US¢ 0.01 – 0.02, LOCAL US¢ 0.01 – 0.02, CME US¢ 0.01 – 0.03, DGCX 7
DGCX community 8 commercial institutions commercial institutions retail retail HNWI HNWI funds and asset Managers funds and asset Managers banks banks private investors private investors
The FX Futures 10 • Counterparty & operational risk • Growth in FX trading Volatility DGCX has seen 203% growth in currency futures volume year to date DGCX FX Futures
DGCX & Emerging Markets 12 12
Dubai Commodity Clearing Corporation 13 13 • Zero defaults since inception • Real-time position monitoring Settlement Guarantee Fund DGCX futures contracts are cleared via DCCC, removing counterparty credit risk DCCC
Market Access 14 Direct ISV Broker DGCX Prices Direct DGCX DGCX Market
Introducing Broker Trading Broker Membership Membership Membership Membership Structure 15 • DGCX membership is open to corporations or partnerships • Members typically located in the UAE; can be located outside from some jurisdictions