A Diesel Hedge Futures or Option Contract is a type of Derivative in which the underlying traded product references a foreign underlying, but the instrument itself is settled in rands per litre. The JSE performs the necessary currency and volume conversion.
This contract gives you exposure to an efficient hedge for the local diesel pump prices by tracking an international reference market. The underlying instrument (European Gasoil) is traded under license from the CME Group and is cash settled.
Diesel Hedge Futures and Options are primarily used by hedgers to mitigate the local price risk of diesel. You can also use them to speculate (profit from price changes) or to diversify your portfolio.
To access this product, register as a client with an
authorised JSE member firm, deposit the required initial margin and buy or sell according to your needs.