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Equities Futures

Equities Futures

  • S&P BSE SENSEX Futures
  • DGCS MSCI INDIA (INR, Price) INDEX Futures
  • DGCS MSCI INDIA (USD, NTR) INDEX Futures
Contract
Parameters
Symbol DBSX
Underlying Index S&P BSE Sensex
Contract Size 1 S&P BSE Sensex
Price Quote 1 S&P BSE Sensex Futures quoted in US Dollars
Minimum Tick Size 1 S&P BSE Sensex Index point (for eg: 19999, 20000, 20001 etc.)
Minimum Tick Value US $1
Daily Price Band range 500 index points (for eg: 19800-20300)
Final Cash Settlement Price basis Official closing price of the S&P BSE Sensex as published by BSE on the Last Day of Trading rounded to the nearest whole number.
Contract Months First 3 serial months (current month, 2nd and 3rd months) and 1 calendar spread Contract between current month and subsequent 2nd serial months.
Trading Days Monday through Friday
Trading Hours 07.00 – 23.30 hrs (Dubai Time)
Last Trading Day Last Thursday of the Contract month. If it is a holiday in Mumbai, India or Dubai, UAE, then the immediate preceding Business Day.
New Contract Listing Business Day immediately following the Last Day of Trading
Block Trades Minimum Block size permitted is 50 Contracts
Time Limit for Block Trade Registration Up to 15 minutes after cessation of trading on any Trading Day.
Max Open Position Limit As determined by the Exchange from time to time
Max Order Size 200 Contracts
Initial Margin based on SPAN Click on the “Initial Margin” TAB
Contract
Parameters
Contract Symbol DMSI
Underlying Index MSCI INDIA (INR, PRICE)
Contract Size US$ 25 x Index Value
Pricing
Price Quote Index Value quoted in USD (e.g:1001.50/1002.00)
Minimum Tick Size
Minimum Tick Value US $12.5
Daily Price Range 15 index points (subject to change)
Trading
Contract Months Three consecutive serial months, 1 quarterly month and 1 calendar spread between first month and second month.
Trading Days Monday through Friday
Trading Hours 07:00 – 23:30 Hrs. (Dubai Time)
Last Trading Day Last Thursday of the Contract Month. If it is a holiday in India or in the UAE, then the immediate preceding Business Day.
New Contract Listing Business Day immediately following the Last Day of Trading
Settlement
Settlement Basis Cash
Final Cash Settlement Price Basis Settled in cash based on the closing price of the MSCI India (INR, PRICE) index as published by MSCI on the Last Day of Trading rounded off to the nearest tick
Margins
Initial Margin based on SPAN US$ 650 per Contract. (subject to change)
Order / Position Limits
Max Open Position Limit As determined by the Exchange from time to time
Max Order Size 200 Contracts
Block Trades Minimum Block size permitted is 50 Contracts
Time limit for Block Trade registration Up to 15 minutes after cessation of trading on any Trading Day
Contract
Parameters
Contract Symbol DMSU
Underlying Index MSCI INDIA (USD, NTR)
Contract Size US$ 50 x Index Value
Pricing
Price Quote Index Value quoted in USD (e.g.: 544.25/544.50)
Minimum Tick Size
Minimum Tick Value US $12.5
Daily Price Range 15 index points (subject to change)
Trading
Contract Months Three consecutive serial months, 4 quarterly months and 1 calendar spread between first month and second month.
Trading Days Monday through Friday
Trading Hours 07:00 – 23:30 Hrs. (Dubai Time)
Last Trading Day Third Friday of the Contract Month. If it is a holiday in India or in the UAE, then the immediate preceding Business Day.
New Contract Listing Business Day immediately following the Last Day of Trading
Settlement
Settlement Basis Cash
Final Cash Settlement Price Basis Settled in cash based on the closing price of the MSCI India (USD, NTR) index as published by MSCI on the Last Day of Trading rounded off to the nearest tick.
Margins
Initial Margin based on SPAN US$ 850 per Contract. (Subject to change)
Order / Position Limits
Max Open Position Limit As determined by the Exchange from time to time
Max Order Size 200 Contracts
Block Trades Minimum Block size permitted is 50 Contracts
Time limit for Block Trade registration Up to 15 minutes after cessation of trading on any Trading Day