Delivery related information
Delivery Unit	100 Tonnes
Delivery Tolerance	+/-5 percent of the contract delivery unit
Deliverable Quality	High Sulphur Fuel Oil 380CST (4.5% Sulphur)
Delivery location	Exchange-approved facilities in Fujairah
Approved CMI / Assayers	Names as listed on the DGCX website
Approved Storage facilities	VOPAK HORIZON, FRCL, DMCC-leased tanks
Provisional Settlement Value	The amount invoiced to the buyer prior to the determination of the actual weight delivered, and based on an assumed weight of 100 Tonnes
Settlement Value	The amount paid to the Seller based upon the actual delivered weight. The difference between the provisional settlement value and settlement value is reimbursed or collected to or from the buyer as the case may be on the business day following the delivery day
Loading Day	The day on which Buyer initiates loading of product into his nominated vessel or tank
Delivery Day	The day on which transfer of title to the product from the Seller to the Buyer completes
Delivery Period	Seller: Shall have the product ready for delivery (that is, in deliverable position) not later than 12th business day of the delivery month Buyer: acceptance of delivery must be subsequent to the Seller having the product ready for delivery. Buyer shall nominate a delivery period of three calendar days that commences no earlier than the fifth business day of the delivery month and finishes no later than the earlier of (i) 14 calendar days after product placement by the Seller, and (ii) the third last business day of the delivery month.
Notice Day	Last Trading Day
Delivery Allocation Day	Last Trading Day
Title Transfer	By In-Tank Transfer (ITT) in DMCC-leased tanks, and Inter-Tank Transfer or Ex-Wharf in case of other Exchange-approved tanks
Minimum number of contracts for Ex-Wharf delivery	30 contracts (3000 Tonnes)

Price bands: Daily Price ranges are fixed on the futures contracts in fuel oil (US$ 25). Previous day settlement prices of a contract are used as a base price for the day. However, if price breaches the daily price movement limit, trading in a particular contract is continued but, within the current daily range for next 15 minutes. Thereafter the new trading range becomes applicable. However, if the price movement limit is breached during the first or last 30 minutes of trading on any business day, the new range is applied immediately. The price band in case of currency futures and Gold Options is unlimited.