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Tuesday, April 8, 2014

Product Specification


Contract Specification

UnderlyingRate of exchange between 1 USD & INR
PairUSD/INR, EUR/INR, GBP/INR, JPY/INR
Contract Months12 consecutive calendar months i.e. a view up to 1 year in future can be taken
Expiration date and time / Last trading day & timeAt 12 noon, two working days prior to the last Mumbai Interbank Settlement day of the month
Min Price fluctuation / Tick size0.25 paise or INR 0.0025
Settlement Daily Interim MTM settlement Final settlementCash settled in INR Based on daily closing price of the contract Based on LTDs RBI reference rate
Margin required for 1 lot USD/INR1.75% on the first day & 1% thereafter
Market timings9:00 am to 5:00 pm

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