India Rupee Quanto futures

India Rupee Quanto futures

Symbol

Underlying

Contract Size

Price Quote

Tick Size

Tick Value

Wholesale Trades

Daily Price Movement Limit

Max Order Size

Settlement Type

Final Cash Settlement Price Basis

Trading Months

Trading Days

Trading Hours

Last Day of Trading

New Contract Listing

Initial Marginbased on SPAN

Calendar Spread Margin

Delivery Period Margin

DINRI

Indian Rupee

100 index points

USD INR Quanto till fourth decimal place (e.g. Bid 63.6800 / Ask 63.6825)

0.0025 Index points

25 US cents

EFS, EFP, Block trade facilities available

No price limit**

2,500 contracts for Banks and institutions promoted by Banks. All other entities 1,000 contracts

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

First 3 consecutive serial months.

Monday through to Friday

DGCX Trading Hours

Two Business Days prior tothe last Day of Trading of the Delivery Month

Business Day immediately following the Last Day of Trading

US $140 per contract (Subject to change from time to time)

100% benefit is offered on calendar spread positions

Not applicable