Contract | Parameters |
---|---|
Contract Symbol | DUSDRUB |
Underlying | US Dollar |
Contract Size | USD 50,000 |
Notional Contract Value | USD 50,000 |
Trading Currency | Russian Ruble (RUB) |
Settlement Currency | US Dollars (USD) |
Price Quote | RUB for 1 USD (e.g. RUB 49.001 / 49.002 Per 1 USD) |
Tick Size | 0.001 RUB |
Tick Value | 50 RUB |
Settlement Basis | Cash |
Final Cash Settlement Price | Based on the USD-RUB fixing issued by Central Bank of Russia on the last trading day |
Last Day of Trading | 15th day of the expiry month, except where that day is a bank holiday in either Dubai or Moscow, in which case the Last Day of Trading shall be the following Business Day that is not a bank holiday in either Dubai or Moscow. |
Trading Days | Monday through Friday |
Trading Hours | 07:00 – 23:55 Hours Dubai time (GMT+4) |
Trading Months | Quarterly Contracts December, March, June, September, at the outset first three Contracts shall be available for trading. |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Max Order Size | 500 lots for Banks and Institutions promoted by Banks |
Daily Price Movement Limit | No price limit (Note 1*) |
Initial Margin based on SPAN | The Initial Margin will be denominated in RUB and the same shall be converted into equivalent USD at the prevalent Spot market rate of USD/RUB to display Initial Margin Utilization in USD terms. |
Calendar Spread Margin | 100% Calendar Spread benefit |