Contract Specifications | Parameters |
---|---|
Contract Symbol | DINRM |
Underlying | Indian Rupee |
Contract Size | INR 200,000 |
Notional Contract Value | INR 200,000 |
Trading Currency | US Dollar |
Settlement Currency | US Dollar |
Price Quote | US Cents (1/100 INR) |
Tick Size | US$ 0.000001 per INR or US$ 0.2 per tick |
Tick Value | US$ 0.2 |
Settlement Basis | Open Positions at expiry of contract shall be settled in US Dollars as per the Final Settlement Price (FSP) declared by the Exchange. |
Final Cash Settlement Price | The FSP would be based on the official US Dollar reference rate issued by the Reserve Bank of India, based on bank rates in Mumbai at 12 noon on the day of trading or earliest available date |
Last Day of Trading | Two Business Days prior to the last working day of the contract month |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:55 Hours Dubai time (GMT+4) |
Trading Months | Every Month |
New Contract Listing | Business day immediately following the last trading day |
Max Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Daily Price Movement Limit | No price limit (Note 1*) |
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefit is offered on calendar spread positions |