Acceptable Cash and Non Cash Collateral

DGCX accepts a variety of both Cash and Non-Cash Collateral to satisfy Clearing Members margin liabilities. Clearing Members total collateral commitment will comprise a maximum split of 40% Cash and 60% Non-Cash.

The Acceptable Collateral portfolio is tiered, in conjunction with variable liquidity, credit and risk dependent haircuts , which are reviewed at regular intervals. Any amendments to the current Haircuts can be found on this website and will also be announced by the exchange in the first instance.

See Notice No. :  RISK-2017-008 issued on February 21, 2017

Instruments CollateralHaircut %Cash / Non-Cash Notes
Currency USD Nil Cash
Currency AED 5 Cash
Currency EURO 5 Cash
Currency GBP 5 Cash
Currency JPY 5 Cash
Currency CNH 7 Cash New Addition
Term Deposit USD Nil Non-Cash Issued by a Commercial Bank approved by the Corporation - Approved Non Cash Collateral Providers
Term Deposit AED 5 Non-Cash Issued by a Commercial Bank approved by the Corporation - Approved Non Cash Collateral Providers
Term Deposit CNH 7 Non-Cash Issued by a Commercial Bank approved by the Corporation - Approved Non Cash Collateral Providers
Bank Guarantee USD Nil Non-Cash Issued by a Commercial Bank approved by the Corporation - Approved Non Cash Collateral Providers
Bullion GOLD 17 Non-Cash Accepted through DMCC Tradeflow Warrants
Bullion SILVER 37 Non-Cash Accepted through DMCC Tradeflow Warrants