Fees

Schedule of Fees 2018

Transaction, Clearing and Delivery Charges

DGCX Transaction Charges (USD per contract per side)

ContractsTradeVAT *ClearingVAT*SCA**Total
1. All Contracts except contracts mentioned in points 2 to 9.  0.35 0.0175 0.1 0.005 0.03 0.5025
2. BSE Sensex (DBSX), and MSCI India Index Futures (DMSU and DMSI) 0.45 0.0225 0.1 0.005 0.03 0.6075
3. DINR Options (DINRO) 0.1 0.005 0.1 0.005 0.03 0.24
4. Mini INR (DINRM) 0.03 0.0015 0.03 0.0015 0.006 0.069
5. Mini WTI (DWTIM) 0.15 0.0075 0.05 0.0025 0.006 0.216
6. Indian Rupee Quanto Futures (DINRI) 0.04 0.002 0.05 0.0025 0.006 0.1005
7. Single Stock Futures Contracts (SSF)** 0.15 0.0075 0.1 0.005 0.006 0.2685
8. Shanghai Gold Futures Contract (DSGC) 0.7 0.035 0.25 0.0126 0.03 1.0276
9. Shari’ah Compliant DGCX Spot Gold Contract (DGSG) 1.5 0.075 0.3 0.015 0.03 1.92


** SCA fee 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

DGSG Spot Gold Delivery and Handling Costs charged directly by Service Providers

DescriptionMinimum (USD)VAT (USD) *Rate (USD)VAT (USD)*
Acceptance OR Release (either full release or part release) 25.00 per transaction 1.25 1.25 per Kg 0.0625
Storage 10.00 per day 0.5 0.10 per Kg per day 0.005
Transportation 75.00 per shipment 3.75 1.00 per Kg 0.05


Charges for Overnight Funds Settlement Shortage**

Charges for Overnight Funds Settlement Shortage**
Penalties for Overnight Funds Settlement Shortage 36% per annum subject to a minimum of USD250 per day
1. If shortage occurs for more than 2 days, the penalties are doubled from the first day of 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, levy of any other additional charges.

*5% VAT will apply to all fees for applicants/members domiciled within the UAE. VAT will be zero-rated for applicants/members domiciled outside the UAE.


Connectivity and Co‐location related Fees

User Access Charges (Per Month)

Description Charges (USD)VAT (USD)*Total (USD)
EOS Admin ID (SA, CRU, TRU, MA, TSU) ‐ First 3 IDs waived 100 5 105
EOS Trader ID (first 3 IDs free)** 50 2.5 52.5
FIX ID (first 3 IDs free)** 100 5 105
Drop Copy ID's (1 ID each is free at CM and TM level) 100 5 105
Data Feed Full Market Depth - POBE ID 200 10 210
Risk managed Intermediated Direct Market Access - RDMA (Includes upto 3 EOS Trader IDs, 3 FIX IDs, 1 Drop Copy ID & 3 Admin IDs) 500 25 525
**IDs used for trading minimum 1 lot in the month are not charged. Unused IDs will be charged. 


Colo Server Charges ‐ Members

Description Charges (USD)VAT (USD)*Total (USD)
4 U shared rack space to host max 2 rack mount Servers 1000 50 1050 Per Month
2 Mbps Internet Bandwidth (with redundant path) ‐ IPsec tunnel for remote management 
Limited Remote Hand Support
One Time Installation Support 1000 50 1050 One-time cost
Internet IPSec additional 2 MBPS 500 25 525 Per month
Risk managed Intermediated Direct Market Access - RDMA (Includes upto 3 EOS Trader IDs, 3 FIX IDs, 1 Drop Copy ID & 3 Admin IDs) 500 25 525
**IDs used for trading minimum 1 lot in the month are not charged. Unused IDs will be charged. 


*5% VAT will apply to all fees for applicants/members domiciled within the UAE. VAT will be zero-rated for applicants/members domiciled outside the UAE.


Vendor-related Fees

DGCX Data Feed

Quote Vendor (QV) and Independent Software Vendor (ISV)Charges (USD)VAT (USD)*Total (USD)Per Month
Level 1 Data - Touch Line (QV) 25 1.25 26.25 Per Subscriber
Level 2 Data - Best Five Market Depth (QV) 50 2.5 52.5
Data Feed Full Market Depth - POBE (QV) 200 10 210
Data Feed Full Market Depth - POBE (ISV) 200 10 210 Per Member/ Client
Internet IPSec additional 2 MBPS 500 25 525 Per month
Risk managed Intermediated Direct Market Access - RDMA (Includes upto 3 EOS Trader IDs, 3 FIX IDs, 1 Drop Copy ID & 3 Admin IDs) 500 25 525
**IDs used for trading minimum 1 lot in the month are not charged. Unused IDs will be charged. 


*5% VAT will apply to all fees for applicants/members domiciled within the UAE. VAT will be zero-rated for applicants/members domiciled outside the UAE.


DGCX Membership-related Fees

Membership Fees

Fees DescriptionAmountVAT*Currency
One‐time Membership Application Fees  1,000 50 USD
One‐time Admission Fee for Broker Member 150,000 7,500 USD
Annual Fees for Broker Member 5,000 250 USD per year
One‐time Admission Fee for Trade Member 60,000 3,000 USD
Annual Fees for Trade Member 3,500 175 USD per year


Membership Administration Fees

Fees DescriptionAmountVAT*Currency
Change in Shareholding 1,000 50 USD
Appointment of New Director 1,000 50 USD
Change of Clearing Member 1,000 50 USD
Change in Clearing Status 1,000 50 USD
Transfer of Membership Charges (Payable by Transferee)** 10,000 500 USD
**Upon Approval 0 0


Securities and Commodities Authority (SCA) Fees**

Securities and Commodities Authority (SCA) Fees**
Application fee for SCA License ‐Non refundable   AED 2,000
One‐time Fee for Registration with SCA AED 15,000
Annual SCA License renewal Fee AED 7,500
Fee for cancellation of Registration AED 1,000
**SCA fees are currently not subject to VAT.


*5% VAT will apply to all fees for applicants/members domiciled within the UAE. VAT will be zero-rated for applicants/members domiciled outside the UAE.