Contract | Parameters |
---|---|
Symbol | DINRI |
Underlying | Indian Rupee |
Contract Size | 100 index points |
Price Quote | USD INR Quanto till fourth decimal place (e.g. Bid 63.6800 / Ask 63.6825) |
Tick Size | 0.0025 Index points |
Tick Value | 25 US cents |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Daily Price Movement Limit | No price limit** |
Max Order Size | 2,500 contracts for Banks and institutions promoted by Banks. All other entities 1,000 contracts |
Final Cash Settlement Price Basis | Open Positions at expiry of contract shall be settled in US Dollars as per the Final Cash Settlement Price (FCSP) declared by the Exchange. Such FCSP 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 |
Trading Months | First 3 consecutive serial months. |
Trading Days | Monday through to Friday |
Trading Hours | DGCX Trading Hours |
Last Day of Trading | Two Business Days prior tothe last Day of Trading of the Delivery Month |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Initial Marginbased on SPAN | US $140 per contract (Subject to change from time to time) |
Calendar Spread Margin | 100% benefit is offered on calendar spread positions |
Delivery Period Margin | Not applicable |