LIGHT SWEET CRUDE OIL

DGCX announced the launch of West Texas Intermediate Light Sweet Crude (DWTI) Oil futures contract on Tuesday May 20th which will be available for trading from Tuesday 27th May.DGCX West Texas Intermediate Light Sweet Crude Oil Futures (DWTI) makes one of the world's most significant crude oil benchmarks available to both regional and international market participants, allowing them to benefit from trading and clearing transactions under the UAE regulatory and taxation regimes.The DWTI contract is sized at 1,000 barrels, with the contract price quoted in U.S. dollars and cents per barrel. The minimum price fluctuation will be one cent per barrel, equivalent to a tick value of $10.00.