Indian Rupee Futures
DINR

Symbol

INR 2,000,000

Contract Size

Monthly contracts for twelve months forward

Delivery Months

Two Business Days prior to the last working day of the contract month

Last Trading Day

The Business Day immediately following the last day of expiring contract

Settlement Day

Business day immediately following the last trading day

New Contract Listing

US$ quoted in Cents per 100 Indian Rupees ( e.g. 209.56 /209.62 US Cents per 100 Indian Rupees)

Price Quote

US$ 0.000001 per INR or US$ 2 per tick

Tick Size

Monday through to Friday

Trading Days

07:00 – 23:30 Hours Dubai time (GMT+4)

Trading Hours

500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots

Maximum Order Size

No Price Limits – Note 1*

Price Limit

EFS, EFP, Block trade facilities available

Wholesale Trades

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

Cash Settlement Price Basis

 

 

 

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