| |
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 |