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25 November 2017

Product Specification

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  USD-INR EUR-INR GBP-INR JPY-INR
Underlying US Dollar - Indian Rupee EURO - Indian Rupee Pound Sterling - Indian Rupee Japanese Yen – Indian Rupee
Market Timing 9 a.m. to 5 p.m.
Size of the contract USD 1,000 EUR 1,000 GBP 1,000 JPY 100,000
(since quotation is for 100 Japanese YEN; lot size on trading system shall be 1000 JPY)
Available contracts All monthly maturities from 1 to 12 months would be made available
Settlement The contract would be settled in cash in Indian Rupee
Settlement price RBI Reference Rate
Final settlement day The contract would expire on the last working day (excluding Saturdays)
Minimum Initial Margin minimum of 1.75% on the first day of trading and 1% thereafter minimum of 2.80% on the first day of trading and 2% thereafter minimum of 3.20% on the first day of trading and 2% thereafter minimum of 4.50% on the first day of trading and 2.30% thereafter
Calendar spread margin (subject to change) 1 month: Rs. 400
2 months; Rs 500
3 months; Rs 800
4 months or more; Rs 1000
1 month: Rs. 700
2 months; Rs 1000
3 months & more; Rs 1500
1 month: Rs. 1500
2 months; Rs 1800
3 months & more; Rs 2000
1 month: Rs. 600
2 months; Rs 1000
3 months & more; Rs 1500
Extreme Loss margin (subject to change) 1% on the MTM value of the gross open position 0.3% on the mark to market value of the gross open positions 0.5% on the mark to market value of the gross open positions minimum of 4.50% on the first day of trading and 2.30% thereafter
Toll Free number: 1800-425-5501 / 1800-103-5501
FINANCIAL TOOLS