“FX Futures Trading at DGCX”

Samir Shah, Chief Business Officer

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About DGCX Initiatives Regulated

DCCC

Clearing house

Metals, Energy & Currencies

3 12.2 Million

Contracts, valued at

US$ 560 billion Volume

Volume is up 120% Y-O-Y

CAGR (6 years): 58% Growth DGCX Region ’s 1st

and largest derivatives exchange

Members 252

members and 64 clearing

members

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The DGCX Advantage Key economic indicators on one Exchange Ideal location and trading hours Unique Indian Rupee Futures Liquid markets and tight spreads Low transaction fee structure

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The Global FX Market US $4 trillion is the daily turnover 20% growth on 2007 volumes Volatility increased

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Are we competitive?

6 US¢ 0.01 – 0.02, LOCAL US¢ 0.01 – 0.02, CME US¢ 0.01 – 0.03, DGCX

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Are we competitive?

7 US¢ 0.01 – 0.02, LOCAL US¢ 0.01 – 0.02, CME US¢ 0.01 – 0.03, DGCX

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DGCX community

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DGCX FX - perfect hedge

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The FX Futures

Growth in FX trading Counterparty & operational risk Volatility

DGCX FX Futures

DGCX has seen 203% growth in currency futures volume year to date

DGCX vs. NDF market - Example

DGCX Indian Rupee Futures

Reduced Counterparty Risk. DCCC offers settlement guarantee fund and zero defaults One DGCX contract (DINR): R 2 million (approx. US $45k)

Non Deliverable Forward

Trades are transacted bi-laterally with higher default risk Minimum contract size: US $100k US $1 million = 23 lots (contracts) on DGCX @ US $45k notional value per contract US $1 million notional value •Typical spread on DINR after 5pm IST: 1 DGCX pips which is equivalent to 0.75 paisa •For notional value US $1 million (23 contracts), the total entry and exit costs are: US $460 On DGCX, the margin is c. 2% •Typical spread in NDF market after 5pm IST: 4 to 6 paisa mark up and mark down which equates to total 8 paisa •For notional value US $1 million, the approx. total entry and exit costs are: US $1,739 In the NDF market, the margin is c. 5% DGCX Indian Rupee Futures are available to trade electronically The NDF market is predominantly traded over the phone via a broker

DGCX & Emerging Markets

Access • DGCX Niche

Products

(Indian Rupee) Available • Global Product (Gold, Silver, Copper, WTI, etc..) DGCX Platform

Dubai Commodity Clearing Corporation

Real-time position monitoring Zero defaults since inception Settlement Guarantee Fund DCCC

DGCX futures contracts are cleared via DCCC, removing counterparty credit risk

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Market Access Broker Direct DGCX Direct ISV DGCX Prices DGCX Market

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Membership Structure   DGCX membership is open to corporations or partnerships Members typically located in the UAE; can be located outside from some jurisdictions