Contract | Parameters |
---|---|
Trading Symbol | DINRO |
Style | European |
Contract Size | One DGCX INR Futures contract |
Price Quotation | US Dollars in Cents per 100 Indian Rupees |
Tick Size | 0.01 US Cents |
Maximum Daily Price Fluctuation | No Daily Limit |
Delivery Months | The nearest two (2) Contract Months are available at all times |
Last Trading Day | Last Trading Day for INR options shall be two (2) Business Days prior to the Last Day of Trading of the month. (Same as the INR Futures) |
New Contract Listing | Five Business Days prior to the Last Trading Day |
Exercise of Options | On the last trading day, all in-the-money options are exercised automatically against Daily Settlement Price. |
Strike Prices | For each INR Option series, there shall be an INR option chain with a strike interval of INR 0.25 converted into US cents equivalent in 2 decimal points. |
Position Limit | To be determined by the exchange |
Margin Requirement | Buyer pays full premium, while the seller is margined on the SPAN basis |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Trading Days | Monday through to Friday |