| Product |
Settlement |
Schedule |
| Futures Contracts on Index or Individual Security |
Daily Settlement |
Closing price of the futures contracts on the trading day. (closing price for a futures contract shall be calculated on the basis of the last half an hour weighted average price of such contract) |
| Un-expired illiquid futures contracts |
Daily Settlement |
Theoretical Price computed as per formula F=S * ert |
| Futures Contracts on Index or Individual Securities |
Final Settlement |
Closing price of the relevant underlying index / security in the Capital Market segment of NSE, on the last trading day of the futures contracts. |
| Options Contracts on Index and Individual Securities |
Final Exercise Settlement |
Closing price of such underlying security (or index) on the last trading day of the options contract. |