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The Israeli Shekel Futures Contract (DILS), is another expansion to DGCX’s currency asset class to diversify product offering in the FX world and grant more access to market participants.

Contract Specifications

ContractParameters
Contract TypeFuture
Contract NameIsraeli Shekel/US Dollar
Contract SymbolDILS
UnderlyingIsraeli Shekel
Contract Size100,000 Israeli Shekel
Notional Contract Value100,000 Israeli Shekel
Trading CurrencyUSD
Settlement CurrencyUSD
Price QuoteUS Dollars quoted in Cents per ILS
Tick SizeUS$ 0.001
Tick ValueUS$ 1.00
Settlement BasisCash Settled
Final Cash Settlement Price (FCSP)FCSP is based on the publicly available ILS/USD reference rate displayed on Last Trading Day
Last Trading Day (LTD)Two Business Days prior to the third Wednesday of the expiry month
Trading DaysExchange Business Days
Trading Hours07:00 – 23:55 Hours Dubai time
Trading MonthsQuarterly: March, June, September, and December
New Contract ListingBusiness Day immediately following the Last Trading Day
Max Order Size200 Lots
Wholesale TradesBlock Trade minimum size threshold: 50 lots. EFP/EFS also available. Trades must be submitted 15 minutes after execution
No Cancellation RangeSee link: www.nextgendmcc.com/price-limits

Contract Calendar

Expiry Month
Expiry Code
Last Trading Day
Notice Day
Delivery Day
Jun'23
DILS-20230616
16-Jun-23
16-Jun-23
19-Jun-23
Sep'23
DILS-20230918
18-Sep-23
18-Sep-23
19-Sep-23
Dec'23
DILS-20231218
18-Dec-23
18-Dec-23
19-Dec-23
Mar'24
DILS-20240318
18-Mar-24
18-Mar-24
19-Mar-24

Platform

Contact Us

NEXTGEN INTERNATIONAL DMCC

HDS BUSINESS CENTER
Office No: 1008, 10th Floor M-Cluster
JUMEIRAH LAKE TOWERS, DUBAI, UAE
TEL: +971 4 4560384
EMAIL: accountsdgcx@nextgendmcc.com
WEBwww.nextgendmcc.com
Registration No. DMCC-0575, License No: DMCC-30283
"Regulated by Securities and Commodities Authority-License No:607044"