Contract | Parameters |
---|---|
Contract Symbol | DIG |
Underlying | India Gold |
Contract Size | 1 |
Notional Contract Value | USD 1.00X Indian Gold Futures Price quoted in INR per 10gms (e.g. Bid 27575 / Offer 27,576) |
Trading Currency | USD |
Settlement Currency | USD |
Price Quote | USD 1.00X Indian Gold Futures Price quoted in INR per 10gms (e.g. Bid 27575 / Offer 27,576) |
Tick Size | USD 1 |
Tick Value | USD 1 |
Settlement Basis | Cash Settlement |
Final Cash Settlement Price | The Final Cash Settlement Price basis shall be the benchmark reference Gold futures price publically available in Indiathat corresponds to the DGCX Contract Month |
Last Day of Trading | The Last Day of Trading for Gold Quanto Futures Contracts is the second last Day of Trading of the month immediately preceding the Delivery month |
Trading Days | Monday through to Friday |
Trading Hours | DGCX Trading Hours |
Trading Months | February, April, June, August, October, December (Six contracts at any given point of time) |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Max Order Size | 500 contracts for Banks and institutions promoted by Banks. All other entities 200 contracts |
Initial Margin based on SPAN | USD 1,050 per lot (subject to change) |
Calendar Spread Margin | 100% benefit is offered on calendar spread margins |
Daily Price Movement limit | No Limits* |