Currencies (Forex Futures)
Currency trading, also known as foreign exchange trading or simply Forex, is the buying and selling or exchange of different currencies from all countries around the globe in the exchange market. While the majority of the participation in this exchange is carried out by large international clients, individual investors have the opportunity to benefit from secured access to currency trading.
At EARNEX, we welcome investors to easily participate in Forex trading via our online trading platform.
Trading |
|
Symbol | DINR |
Contract Size | INR 2,000,000 |
Delivery Months | Monthly contracts for twelve months forward |
Last Trading Day | Two Business Days prior to the last working day of the contract month |
Settlement Day | The Business Day immediately following the last day of expiring contract |
New Contract Listing | Business day immediately following the last trading day |
Price Quote | US$ quoted in Cents per 100 Indian Rupees ( e.g. 209.56 /209.62 US Cents per 100 Indian Rupees) |
Tick Size | US$ 0.000001 per INR or US$ 2 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No Price Limits – Note 1* |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Cash Settlement Price Basis | Open Positions at expiry of contract shall be settled in US Dollars as per the Dialy Settlement Price (DSP) declared by the Exchange. The DSP 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 |
|
Symbol | DINRM |
Underlyin | Indian Rupee |
Contract Size | INR 200,000 |
Delivery Months | Monthly contracts for twelve months forward |
Last Trading Day | Two Business Days prior to the last working day of the contract month |
Settlement Day | The Business Day immediately following the last day of expiring contract |
New Contract Listing | Business day immediately following the last trading day |
Price Quote | US Cents (1/100 INR) |
Tick Size | US$ 0.000001 per INR or US$ 0.2 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Daily Price Movement Limit | No price limit |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Final Cash Settlement Price Basis | Open Positions at expiry of contract shall be settled in US Dollars as per the Daily Settlement Price (DSP) declared by the Exchange. The DSP 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 |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefit is offered on calendar spread positions |
Intra-commodity Margin Offset | 100% benefit is offered on offsetting positions between INR and Mini INR positions. |
Spread Position Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Specifications |
Parameters |
Contract Symbols | DINREUR |
Underlying | Indian Rupee (INR) |
Contract Size | INR 400,000 |
Trading Currency | Euro (EUR) |
Settlement Currency | US Dollars (USD) |
Price Quote | EUR Cents for 100 INR (e.g. 126.75/126.76 EUR Cents per 100 INR) |
Minimum Tick Size | 0.01 EUR Cents |
Tick Value | 0.40 EUR |
Daily Variation Margin (VM) payment | From Trading Currency to Settlement Currency |
Based on Spot Prices available for USD/EUR at the end of DGCX Trading Hours | |
Final VM payment | From Trading Currency to Settlement Currency |
Based on the Spot rates calculated from USD and EUR reference rate issued by the Reserve Bank of India (RBI) against INR in Mumbai at 12 noon on the Last Day of Trading or earliest available | |
Final Cash Settlement Price Basis | INREUR reference rate issued by the Reserve Bank of India, in Mumbai at 12 noon on the Last Day of Trading |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Daily Price Movement Limit | No price limit* |
Maximum Order Size | 2500 lots for Banks and Institutions promoted by Banks |
All other entities 1000 | |
Trading Months | First 3 consecutive serial months |
Trading Days | Monday through Friday |
Trading Hours | DGCX Trading Hours |
Last Trading Day | Two Business Days prior to the last calendar day of the Contract Month except where that day is a bank holiday in either Dubai or Mumbai in which case the Last Day of Trading shall be the preceding Business Day that is not a bank holiday in either Dubai or Mumbai |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Initial Margin based on SPAN | The Initial Margin will denominated in EUR and the same shall be converted into equivalent USD at the prevalent Spot market rate of USD/EUR to display Initial Margin Utilization in USD terms |
Indicative VM | Indicative VM on EOS-Clear will be displayed in USD as per the prevalent spot market rate for USD/EUR. |
DCCC shall update the spot rates for USD/EUR intraday for at least 3 times at 0600, 1500 and End of DGCX Trading Hours | |
Calendar Spread Benefit | 100% benefits is offered on calendar spread positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Not applicable |
Price Band | Shall be 150 basis points from previous settlement prices for the avoidance of ‘fat finger’ errors. |
Spot rate | Shall be taken from available market data sources like Bloomberg and Reuters. |
Specifications |
Parameters |
Contract Symbols | DINRGBP |
Underlying | Indian Rupee (INR) |
Contract Size | INR 400,000 |
Trading Currency | Pound Sterling (GBP) |
Settlement Currency | US Dollars (USD) |
Price Quote | GBP Pence for 100 INR (e.g. 102.01/102.02 GBP Pence per 100 INR) |
Minimum Tick Size | 0.01 GBP Pence |
Tick Value | 0.40 GBP |
Daily Variation Margin (VM) payment | From Trading Currency to Settlement Currency |
Based on Spot Prices available for USD/GBP at the end of DGCX Trading Hours | |
Final VM payment | From Trading Currency to Settlement Currency |
Based on the Spot rates calculated from USD and GBP reference rate issued by the Reserve Bank of India (RBI) against INR in Mumbai at 12 noon on the Last Day of Trading or earliest available | |
Final Cash Settlement Price Basis | INRGBP reference rate issued by the Reserve Bank of India, in Mumbai at 12 noon on the Last Day of Trading |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Daily Price Movement Limit | No price limit* |
Maximum Order Size | 2500 lots for Banks and Institutions promoted by Banks |
All other entities 1000 | |
Trading Months | First 3 consecutive serial months |
Trading Days | Monday through Friday |
Trading Hours | DGCX Trading Hours |
Last Trading Day | Two Business Days prior to the last calendar day of the Contract Month except where that day is a bank holiday in either Dubai or Mumbai in which case the Last Day of Trading shall be the preceding Business Day that is not a bank holiday in either Dubai or Mumbai |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Initial Margin based on SPAN | The Initial Margin will denominated in GBP and the same shall be converted into equivalent USD at the prevalent Spot market rate of USD/GBP to display Initial Margin Utilization in USD terms |
Indicative VM | Indicative VM on EOS-Clear will be displayed in USD as per the prevalent spot market rate for USD/GBP. |
DCCC shall update the spot rates for USD/GBP intraday for at least 3 times at 0600, 1500 and End of DGCX Trading Hours | |
Calendar Spread Benefit | 100% benefits is offered on calendar spread positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Not applicable |
Price Band | Shall be 150 basis points from previous settlement prices for the avoidance of ‘fat finger’ errors. |
Spot rate | Shall be taken from available market data sources like Bloomberg and Reuters. |
Trading |
|
Symbol | DGBP |
Contract Size | £ 50,000 |
Last Trading Day | Two Business days before third Wednesday of expiry month |
Trading Months | Mar, Jun, Sep and Dec |
Settlement Day | Third Wednesday of expiry month |
New Contract Lisiting | Business day immediately following the last trading day |
Price Quote | US$ quoted in Cents per £ |
Tick Size | US$ 0.0001 per £ or US$ 5 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No price limits – Note 1 * |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Spread Positon Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Five times the initial Margin |
Trading |
|
Symbol | DAUD |
Contract Size | AUD 50,000 |
Trading Months | Mar, Jun, Sep and Dec |
Last Trading Day | Two Business days before third Wednesday of expiry month |
Settlement Day | Third Wednesday of Expiry Month |
New Contract Listing | Business day immediately folloing the last trading day |
Price Quote | US$ quoted in Cents per AUD |
Tick Size | US$ 0.0001 per AUD or US$ 5 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No Price Limits – Note 1* |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Spread Position Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Five times the initial Margin |
Specifications |
Parameters |
Contract Symbols | DUSDKRW |
Underlying | US Dollar |
Contract Size | USD 50,000 |
Trading Currency | Korean Won (KRW) |
Settlement Currency | US Dollars (USD) |
Price Quote | KRW for 1 USD (e.g. KRW 1114.1 / 1114.2 Per 1 USD) |
Minimum Tick Size | 0.1 KRW |
Tick Value | 5000 KRW |
Trading Days | Monday through Friday |
Trading Hours | DGCX Trading Hours |
Trading Months | Twelve Monthly Contracts, at the outset first three serial months Contracts shall be available for trading. |
Last Trading Day | The preceding Monday of the third Wednesday of the contract month except where that day is a bank holiday in either Dubai or Seoul, in which case the Last Day of Trading shall be the preceding Business Day that is not a bank holiday in either Dubai or Seoul |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Daily Variation Margin (VM) payment | From Trading Currency to Settlement CurrencyBased on Spot Prices available for USD-KRW at the end of DGCX Trading Hours |
Final VM payment | From Trading Currency to Settlement CurrencyBased on the USD-KRW fixing issued by Korea Financial Telecommunication & Clearing Corporation (KFTCC) determined by Seoul Money Brokerage Service Limited (SMBSL), issued between 9.00 AM and 3.30 PM Seoul Time |
Final Cash Settlement Price Basis | Based on the USD-KRW fixing issued by KFTCC determined by SMBSL, issued between 9.00 AM and 3.30 PM Seoul Time |
Settlement basis | Cash |
Daily Price Movement Limit | No price limit (for the avoidance of ‘fat finger’ errors price band shall be 10 KRW from previous settlement price e.g. if previous settlement price is KRW 1114.1/US$ then the price band is from 1104.1 to 1124.1)) |
Maximum Order Size | 500 lots for Banks and Institutions promoted by Banks |
All other entities 200 lots | |
Initial Margin based on SPAN | The Initial Margin will be denominated in KRW and the same shall be converted into equivalent USD at the prevalent Spot market rate of USD/KRW to display Initial Margin Utilization in USD terms.At the outset, Initial Margin shall be KRW 900,000 subject to change. |
Indicative VM | Indicative VM on EOS-Clear will be displayed in USD as per the prevalent spot market rate for USD/KRW |
DCCC shall update the spot rates for USD/KRW intraday for at least 3 times at 0600 hrs, 1500 hrs and End of DGCX Trading Hours | |
Calendar Spread Benefit | 100% Calendar Spread benefit |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the DCCC, may be charged |
Delivery Period Margin | Not applicable |
Spot Rate | Shall be taken from available market data sources like Bloomberg and Reuters. |
Specifications |
Parameters |
Contract Symbols | DUSDRUB |
Underlying | US Dollar |
Contract Size | 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) |
Minimum Tick Size | 0.001 RUB |
Tick Value | 50 RUB |
Trading Days | Monday through Friday |
Trading Hours | DGCX Trading Hours |
Trading Months | Quarterly Contracts December, March, June, September, at the outset first three Contracts shall be available for trading. |
Last Trading Day | 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. |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Daily Variation Margin (VM) payment | From Trading Currency to Settlement Currency
Based on Spot Prices available for USD/RUB at the end of DGCX Trading Hours |
Final VM payment | From Trading Currency to Settlement Currency
Based on the USD-RUB fixing issued by Moscow Exchange (MOEX) on the last trading day |
Final Cash Settlement Price Basis | Based on the USD-RUB fixing issued by MOEX on the last trading day |
Trading |
|
Symbol | DCAD |
Contract Size | CAD 50,000 |
Trading Months | Mar, Jun, Sep and Dec |
Last Trading Day | Business days before third Wednesday of expiry month |
Settlement Day | Third Wednesday of Expiry Month |
New Contract Listing | Business day immediately folloing the last trading day |
Price Quote | US$ quoted in Cents per CAD |
Tick Size | US$ 0.0001 per CAD or US$ 5 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No Price Limits – Note 1* |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Spread Position Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Five times the initial Margin |
Trading |
|
Symbol | DCHF |
Contract Size | CHF 50,000 |
Trading Months | Mar, Jun, Sep and Dec |
Last Trading Day | Two Business days before third Wednesday of expiry month |
Settlement Day | Third Wednesday of Expiry Month |
New Contract Listing | Business day immediately folloing the last trading day |
Price Quote | US$ quoted in Cents per CHF |
Tick Size | US$ 0.0001 per CHF or US$ 5 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No Price Limits – Note 1* |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Spread Position Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Five times the initial Margin |
Trading |
|
Symbol | DJPY |
Contract Size | £ 50,000 |
Last Trading Day | Two Business days before third Wednesday of expiry month |
Trading Months | Mar, Jun, Sep and Dec |
Settlement Day | Third Wednesday of expiry month |
New Contract Lisiting | Business day immediately following the last trading day |
Price Quote | US$ quoted in Cents per £ |
Tick Size | US$ 0.0001 per £ or US$ 5 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No price limits – Note 1 * |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Spread Position Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Five times the initial Margin |
Specifications |
Parameters |
Contract Symbols | DUSDZAR |
Underlying | US Dollar |
Contract Size | USD 50,000 |
Trading Currency | South African Rand (ZAR) |
Settlement Currency | US Dollars (USD) |
Price Quote | ZAR for 1 USD (e.g. ZAR 11.016 / 11.017 Per 1 USD) |
Minimum Tick Size | 0.001 ZAR |
Tick Value | 50 ZAR |
Trading Days | Monday through Friday |
Trading Hours | DGCX Trading Hours |
Trading Months | Twelve Monthly Contracts, at the outset first three serial months Contracts shall be available for trading. |
Last Trading Day | The preceding Monday of the third Wednesday of the contract month except where that day is a bank holiday in either Dubai or Pretoria, in which case the Last Day of Trading shall be the preceding Business Day that is not a bank holiday in either Dubai or Pretoria |
New Contract Listing | Business Day immediately following the Last Day of Trading |
Daily Variation Margin (VM) payment | From Trading Currency to Settlement CurrencyBased on Spot Prices available for USD/ZAR at the end of DGCX Trading Hours |
Final VM payment | From Trading Currency to Settlement CurrencyBased on the USD-ZAR Fixing issued by Reserve Bank of South African on the last trading day |
Final Cash Settlement Price Basis | Based on the USD-ZAR Fixing issued by Reserve Bank of South Africa on the Last Day of Trading |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Settlement | Cash |
Daily Price Movement Limit | No price limit (for the avoidance of ‘fat finger’ errors price band shall be 0.20 ZAR from previous settlement price e.g. if previous settlement price is ZAR 11.016/ US$ then the price band is from 10.816 to 11.216) |
Maximum Order Size | 500 lots for Banks and Institutions promoted by Banks |
All other entities 200 lots | |
Initial Margin based on SPAN | The Initial Margin will be denominated in ZAR and the same shall be converted into equivalent USD at the prevalent Spot market rate of USD/ZAR to display Initial Margin Utilization in USD terms.
At the outset, Initial Margin shall be ZAR 11,000subject to change. |
Indicative VM | Indicative VM on EOS-Clear will be displayed in USD as per the prevalent spot market rate for USD/ZAR |
DCCC shall update the spot rates for USD/ZAR intraday for at least 3 times at 0600 hrs, 1500 hrs and End of DGCX Trading Hours | |
Calendar Spread Benefit | 100% Calendar Spread benefit |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the DCCC, may be charged |
Delivery Period Margin | Not applicable |
Spot Rate | Shall be taken from available market data sources like Bloomberg and Reuters. |
Sr. |
Commodity |
Minimum Initial Margin |
Calendar Spread Benefit |
Tender / Delivery Margin |
1 | Gold | $ 1,200 per contract | 100% | $ 6,500 per contract |
2 | India Gold “Quanto” | $ 950 per contract | 100% | No Tender Margin |
3 | Silver | $ 700 per contract | 100% | $ 4,500 per contract |
4 | Euro | $ 1,100 per contract | 100% | No Tender Margin |
5 | Sterling Pound | $ 1,000 per contract | 100% | No Tender Margin |
6 | Japanese Yen | $ 900 per contract | 100% | No Tender Margin |
7 | Indian Rupee | $ 600 per contract | 100% | No Tender Margin |
8 | Indian Rupee “Quanto” | $ 120 per contract | 100% | No Tender Margin |
9 | Mini Indian Rupee | $ 60 per contract | 100% | No Tender Margin |
10 | Australian Dollar | $ 800 per contract | 100% | No Tender Margin |
11 | Canadian Dollar | $ 600 per contract | 100% | No Tender Margin |
12 | Swiss Franc | $ 1,500 per contract | 100% | No Tender Margin |
13 | WTI Light Sweet Crude Oil | $ 3,000 per contract | 100% | No Tender Margin |
14 | Mini Polypropylene (PP) | $ 200 per contract | 100% | No Tender Margin |
15 | Polypropylene (PP) | $ 1,000 per contract | 100% | $ 10,000 per contract |
16 | Copper | $ 1,000 per contract | 100% | No Tender Margin |
17 | SENSEX | $ 900 per contract | 100% | No Tender Margin |
18 | MSCI India (INR, PRICE) Index | $ 900 per contract | 100% | No Tender Margin |
19 | MSCI India (USD, NTR) Index | $ 1,100 per contract | 100% | No Tender Margin |
20 | Mini INR Euro | Euro 120 per contract | 100% | No Tender Margin |
21 | Mini INR GBP | GBP 100 per contract | 100% | No Tender Margin |
22 | USD/RUB | RUB 115,000 per contract | 100% | No Tender Margin |
23 | USD/KRW | KRW 875,000 per contract | 100% | No Tender Margin |
24 | USD/ZAR | ZAR 13,000 per contract | 100% | No Tender Margin |
Trading |
|
Symbol | DEUR |
Contract Size | € 50,000 |
Trading Months | Mar, Jun, Sep and Dec |
Last Trading Day | 2 Business days before 3rd Wednesday of Expiry month |
Settlement Day | 3rd Wednesday of Expiry Month |
New Contract Listing | Business day immediately folloing the last trading day |
Price Quote | US$ quoted in Cents per € |
Tick Size | US$ 0.0001 per € or US$ 5 per tick |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:30 Hours Dubai time (GMT+4) |
Maximum Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Price Limit | No Price Limits – Note 1* |
Wholesale Trades | EFS, EFP, Block trade facilities available |
Margins |
|
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Spread Position Margin | Nil on matched positions |
Extra Margin | At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged |
Delivery Period Margin | Five times the initial Margin |
Sr. |
Commodity |
Minimum Initial Margin |
Calendar Spread Benefit |
Tender / Delivery Margin |
1 | Gold | $ 1,200 per contract | 100% | $ 6,500 per contract |
2 | India Gold “Quanto” | $ 950 per contract | 100% | No Tender Margin |
3 | Silver | $ 700 per contract | 100% | $ 4,500 per contract |
4 | Euro | $ 1,100 per contract | 100% | No Tender Margin |
5 | Sterling Pound | $ 1,000 per contract | 100% | No Tender Margin |
6 | Japanese Yen | $ 900 per contract | 100% | No Tender Margin |
7 | Indian Rupee | $ 600 per contract | 100% | No Tender Margin |
8 | Indian Rupee “Quanto” | $ 120 per contract | 100% | No Tender Margin |
9 | Mini Indian Rupee | $ 60 per contract | 100% | No Tender Margin |
10 | Australian Dollar | $ 800 per contract | 100% | No Tender Margin |
11 | Canadian Dollar | $ 600 per contract | 100% | No Tender Margin |
12 | Swiss Franc | $ 1,500 per contract | 100% | No Tender Margin |
13 | WTI Light Sweet Crude Oil | $ 3,000 per contract | 100% | No Tender Margin |
14 | Mini Polypropylene (PP) | $ 200 per contract | 100% | No Tender Margin |
15 | Polypropylene (PP) | $ 1,000 per contract | 100% | $ 10,000 per contract |
16 | Copper | $ 1,000 per contract | 100% | No Tender Margin |
17 | SENSEX | $ 900 per contract | 100% | No Tender Margin |
18 | MSCI India (INR, PRICE) Index | $ 900 per contract | 100% | No Tender Margin |
19 | MSCI India (USD, NTR) Index | $ 1,100 per contract | 100% | No Tender Margin |
20 | Mini INR Euro | Euro 120 per contract | 100% | No Tender Margin |
21 | Mini INR GBP | GBP 100 per contract | 100% | No Tender Margin |
22 | USD/RUB | RUB 115,000 per contract | 100% | No Tender Margin |
23 | USD/KRW | KRW 875,000 per contract | 100% | No Tender Margin |
24 | USD/ZAR | ZAR 13,000 per contract | 100% | No Tender Margin |
Specifications |
Parameters |
Contract 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** |
Maximum 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 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 |
Sr. |
Commodity |
Minimum Initial Margin |
Calendar Spread Benefit |
Tender / Delivery Margin |
1 | Gold | $ 1,200 per contract | 100% | $ 6,500 per contract |
2 | India Gold “Quanto” | $ 950 per contract | 100% | No Tender Margin |
3 | Silver | $ 700 per contract | 100% | $ 4,500 per contract |
4 | Euro | $ 1,100 per contract | 100% | No Tender Margin |
5 | Sterling Pound | $ 1,000 per contract | 100% | No Tender Margin |
6 | Japanese Yen | $ 900 per contract | 100% | No Tender Margin |
7 | Indian Rupee | $ 600 per contract | 100% | No Tender Margin |
8 | Indian Rupee “Quanto” | $ 120 per contract | 100% | No Tender Margin |
9 | Mini Indian Rupee | $ 60 per contract | 100% | No Tender Margin |
10 | Australian Dollar | $ 800 per contract | 100% | No Tender Margin |
11 | Canadian Dollar | $ 600 per contract | 100% | No Tender Margin |
12 | Swiss Franc | $ 1,500 per contract | 100% | No Tender Margin |
13 | WTI Light Sweet Crude Oil | $ 3,000 per contract | 100% | No Tender Margin |
14 | Mini Polypropylene (PP) | $ 200 per contract | 100% | No Tender Margin |
15 | Polypropylene (PP) | $ 1,000 per contract | 100% | $ 10,000 per contract |
16 | Copper | $ 1,000 per contract | 100% | No Tender Margin |
17 | SENSEX | $ 900 per contract | 100% | No Tender Margin |
18 | MSCI India (INR, PRICE) Index | $ 900 per contract | 100% | No Tender Margin |
19 | MSCI India (USD, NTR) Index | $ 1,100 per contract | 100% | No Tender Margin |
20 | Mini INR Euro | Euro 120 per contract | 100% | No Tender Margin |
21 | Mini INR GBP | GBP 100 per contract | 100% | No Tender Margin |
22 | USD/RUB | RUB 115,000 per contract | 100% | No Tender Margin |
23 | USD/KRW | KRW 875,000 per contract | 100% | No Tender Margin |
24 | USD/ZAR | ZAR 13,000 per contract | 100% | No Tender Margin |
Contract Symbol |
Contract Month |
Trading Start Date |
Last Trading Date |
DINRI-20150626 | Jun–2015 | 5–Jun–15 | 26–Jun–15 |
DINRI-20150729 | Jul–2015 | 5–Jun–15 | 29–Jul–15 |
DINRI-20150827 | Aug–2015 | 5–Jun–15 | 27–Aug–15 |
DINRI-20150626–20150729 | Jun–2015–Jul–2015 | 5–Jun–15 | 26–Jun–15 |