Transaction, Clearing and Delivery Charges
DGCX Transaction Charges (USD per contract per side)
| Contracts | Trade | VAT* | Clearing | VAT* | SCA** | Total |
|---|---|---|---|---|---|---|
| 1. All Contracts except contracts mentioned in points 2 to 12. | 0.35 | 0.0175 | 0.14 | 0.007 | 0.03 | 0.5445 |
| 2. DINR Options Contract (DINRO) | 0.1 | 0.005 | 0.14 | 0.007 | 0.03 | 0.282 |
| 3. Mini INR Futures Contract (DINRM) | 0.04 | 0.002 | 0.04 | 0.002 | 0.006 | 0.09 |
| 4. Mini WTI Futures Contract (DWTIM) | 0.15 | 0.0075 | 0.05 | 0.0025 | 0.006 | 0.216 |
| 5. Indian Rupee Quanto Futures Contract (DINRI) | 0.06 | 0.003 | 0.05 | 0.0025 | 0.006 | 0.1215 |
| 6. Single Stock Futures Contracts - Indian (SSF)** | 1.00 | 0.05 | 0.14 | 0.007 | 0.006 | 1.203 |
| 7. Single Stock Futures Contracts (SSF)** | 1.00 | 0.05 | 0.14 | 0.007 | 0.006 | 1.203 |
| 8. Shari’ah Compliant DGCX Spot Gold Contract (DGSG) | 13 | 0.65 | 2 | 0.1 | 0.03 | 15.78 |
| 9. USD/CNH Futures Contract (DUSDCNH) | 0.15 | 0.0075 | 0.05 | 0.0025 | 0.03 | 0.24 |
| 10. India Gold Quanto Futures Contract (DIG) | 0.55 | 0.0275 | 0.14 | 0.007 | 0.03 | 0.7545 |
| 11. FX Rolling Futures Contracts** | 0.02 | 0.001 | 0.01 | 0.0005 | 0.006 | 0.0375 |
| 12. Daily Gold Futures Contract (DGFC) | 125 | 6.25 | 50 | 2.5 | 0.03 | 183.78 |
With the exception of the Daily Gold Futures Contract (DGFC), all Block Trades and Asset Allocation Trades will receive a 50% Trade Fee Discount on the DGCX Trade Fee above.
** SCA fees are subject to the value of the Contract. In the event that the contract value exceeds USD 10,000, SCA fee applicable shall be USD 0.03
DCCC Delivery and Settlement Charges (USD per contract per side)
| Contracts | Fee | VAT* | Total |
|---|---|---|---|
| 1. All Contracts except contracts mentioned in points 2 to 7. | 0.25 | 0.0125 | 0.2625 |
| 2. USD/INR Futures Contract (DINR), DINR Options Contract (DINRO), USD/ZAR Futures Contract (DUSDZAR), Gold Futures Contract (DG), Silver Futures Contract (DS), India Gold Quanto Futures Contract (DIG), Copper Futures Contract (DCU), WTI Futures Contract (DWTI), & Brent Futures Contract (DBRC) | 0.15 | 0.0075 | 0.1575 |
| 3. Single Stock Futures Contracts (SSF), USD/CNH Futures Contract (DUSDCNH) & Mini WTI Futures Contract (DWTIM) | 0.05 | 0.0025 | 0.0525 |
| 4. Indian Rupee Weekly Futures Contract (DINRW) | 0.03 | 0.0015 | 0.0315 |
| 5. Indian Rupee Quanto Futures Contract (DINRI), Mini INR Futures Contract (DINRM) & Pakistani Rupee Futures (DPKR) | 0.01 | 0.0005 | 0.0105 |
| 6. Shari’ah Compliant DGCX Spot Gold Contract (DGSG) | 5 | 0.25 | 5.25 |
| 7. Daily Gold Futures Contract (DGFC) | 75 | 3.75 | 78.75 |
DGSG Spot Gold Delivery and Handling Costs charged directly by Service Providers (USD)
| Description | Rate per KG | Minimum (USD) |
|---|---|---|
| Acceptance OR Release (either full release or part release) | 1.25 | 25 |
| Storage (per day) | 0.1 | 10 |
| Transportation (per shipment) | 1 | 75 |
Charges for Overnight Funds Settlement Shortage**
| Charges for Overnight Funds Settlement Shortage** |
|---|
| Penalties for Overnight Funds Settlement Shortage - 36% per annum |
| 1. If shortage occurs for more than 2 days, the penalties are doubled from the first day of the shortage. |
| 2. If shortage occurs on more than 3 occasions in a calendar month, the penalties are doubled for any additional incidents occurring in the same calendar month. |
** Over and above the penalty charges, DGCX/DCCC may initiate actions including withdrawal of Trading Rights, Close Out of Open Positions, and levy of any other additional charges. (Refer Notice No. CLRG-2009-006)
Connectivity and Co-location related Fees
User Access Charges (Per Month in USD)
| Description | Charges | VAT* | Total |
|---|---|---|---|
| EOS Admin ID (SA, CRU, TRU, MA, TSU) ‐ First 3 IDs waived | 125 | 6.25 | 131.25 |
| EOS Trader ID (first 3 IDs waived) | 15 | 0.75 | 15.75 |
| FIX ID (first 3 IDs waived) | 35 | 1.75 | 36.75 |
| Drop Copy ID's (1 ID each is waived at CM and TM level) | 250 | 12.50 | 262.50 |
| Data Feed Full Market Depth - POBE ID | 200 | 10 | 210 |
| Direct Market Access - DMA (Includes upto 3 EOS Trader IDs, 3 FIX IDs, 1 Drop Copy ID & 3 Admin IDs) | 500 | 25 | 525 |
| SMS Daily Variation Margin Service for Clearing Members | 25 | 1.25 | 26.25 |
Colo Server Charges - Members (USD)
| Description | Charges | VAT* | Total |
|---|---|---|---|
| 4 U shared rack space to host max 2 rack mount Servers per month** | 1,500 | 75 | 1,575 |
| 6 U shared rack space to host max 3 rack mount Servers per month** | 2,500 | 125 | 2,625 |
| Half Rack Space per month** | 3,500 | 175 | 3,675 |
| Full Rack Space per month** | 6,500 | 325 | 6,825 |
| One Time Installation Support (4 U rack space) | 1,000 | 50 | 1,050 |
| Internet IPSec additional 2 Mbps per month | 500 | 25 | 525 |
| 10Gbps Fiber Cross Connect per month | 2,000 | 100 | 2,100 |
| One Time Installation Support for 10Gbps Fiber Cross Connect | 3,000 | 150 | 3,150 |
**Includes: 2 Mbps Internet Bandwidth (with redundant path) ‐ IPsec tunnel for remote management and Limited Remote Hand Support
*Any consideration receivable / payable is exclusive of VAT, unless explicitly indicated otherwise. If any tax or VAT is imposed in connection with the supply of goods and or services, the consideration for the said supply shall be increased by the quantum of tax or VAT applicable.
Vendor-related Fees
DGCX Data Feed (USD)
| Quote Vendor (QV) and Independent Software Vendor (ISV) | Monthly Charges | VAT* | Total |
|---|---|---|---|
| Level 1 Data - Touch Line (QV) per subscriber | 25 | 1.25 | 26.25 |
| Level 2 Data - Best Five Market Depth (QV) per subscriber | 50 | 2.5 | 52.5 |
| Data Feed Full Market Depth - POBE (QV) per subscriber | 200 | 10 | 210 |
| Data Feed Full Market Depth - POBE (ISV) per member/client | 200 | 10 | 210 |
Annual Vendor Fees (USD)
| Description | Charges | VAT* | Total |
|---|---|---|---|
| Independent Software Vendors (ISV) | 1,000 | 50 | 1,050 |
| Info Vendor | 1,000 | 50 | 1,050 |
*Any consideration receivable / payable is exclusive of VAT, unless explicitly indicated otherwise. If any tax or VAT is imposed in connection with the supply of goods and or services, the consideration for the said supply shall be increased by the quantum of tax or VAT applicable.
DGCX Membership-related Fees
Membership Fees (USD)
| Fees Description | Amount | VAT* | Total |
|---|---|---|---|
| One‐time Membership Application Fees | 1,000 | 50 | 1,050 |
| One‐time Admission Fee for Broker Member | 150,000 | 7,500 | 157,500 |
| One‐time Admission Fee for Trade Member | 60,000 | 3,000 | 63,000 |
Annual Membership Fees (USD)
| Membership Type | DGCX | DCCC | Total | VAT* | Total with VAT |
|---|---|---|---|---|---|
| General Clearing Member | |||||
| Active | 6,000 | 2,000 | 8,000 | 400 | 8,400 |
| Active (Clearing Only) | - | 8,000 | 8,000 | 4,000 | 8,400 |
| Inactive | 8,000 | 2,000 | 10,000 | 500 | 10,500 |
| Direct Clearing Member | |||||
| Active | 5,000 | 2,000 | 7,000 | 350 | 7,350 |
| Inactive | 6,000 | 2,000 | 8,000 | 400 | 8,400 |
| Trade Clearing Member | |||||
| Active | 4,000 | 2,000 | 6,000 | 300 | 6,300 |
| Inactive | 6,000 | 2,000 | 8,000 | 400 | 8,400 |
| Trade Member | |||||
| Active | 4,000 | - | 4,000 | 200 | 4,200 |
| Inactive | 6,250 | - | 6,250 | 312.50 | 6,562.50 |
| Broker Member (Non-Clearing with SCA license) | |||||
| Active | 5,000 | - | 5,000 | 250 | 5,250 |
| Inactive | 7,500 | - | 7,500 | 375 | 7,875 |
Membership Administration Fees (USD)
| Fees Description | Amount | VAT* | Total |
|---|---|---|---|
| Change in Shareholding (minimum 5% and above, excludes publicly traded stock)** | 1,000 | 50 | 1,050 |
| Appointment of New Director** | 1,000 | 50 | 1,050 |
| Change of Clearing Member | 1,000 | 50 | 1,050 |
| Change in Clearing Status | 1,000 | 50 | 1,050 |
| Change in Capital | 1,000 | 50 | 1,050 |
| Member Name Change | 1,000 | 50 | 1,050 |
| Membership Resignation | 1,000 | 50 | 1,050 |
| Transfer of Membership between Affiliated Corporations | 1,000 | 50 | 1,050 |
| Transfer of Membership Charges (Payable by Transferee)*** | 10,000 | 500 | 10,500 |
| Change in Control and/or Ownership (any new shareholder assuming 51% shareholding or above, excludes UAE local sponsorship) | 10,000 | 500 | 10,500 |
| **per new shareholder and/or Director. | |||
| **Upon Approval |
| Securities and Commodities Authority (SCA) Fees (AED) | |
|---|---|
| Application fee for SCA License ‐ Non refundable | 2,000 |
| One‐time Fee for Registration with SCA | 15,000 |
| Annual SCA License renewal Fee | 7,500 |
| Fee for cancellation of Registration | 1,000 |
*Any consideration receivable / payable is exclusive of VAT, unless explicitly indicated otherwise. If any tax or VAT is imposed in connection with the supply of goods and or services, the consideration for the said supply shall be increased by the quantum of tax or VAT applicable.