GiftNiftyFutures 26-Dec-2024
24,524.00 -21.50 (-0.09%)

05-Dec-2024 00:25

27-Dec-2024 | 84.8650

04-Dec-2024 17:00

Lac Crs 451.83 | Tn $ 5.34

04-Dec-2024

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Contract Specifications - Cross Currency


Symbol EURUSD GBPUSD USDJPY
Market Type N N N
Instrument Type FUTCUR FUTCUR FUTCUR
Unit of trading 1 - 1 unit denotes 1000 EURO. 1 - 1 unit denotes 1000 GBP. 1 - 1 unit denotes 1000 USD.
Underlying / Order Quotation The contract would be quote in USD. The outstanding positions would be in EURO terms The contract would be quote in USD. The outstanding positions would be in GBP terms The contract would be quote in JPY. The outstanding positions would be in USD terms
Tick size 0.0001 0.0001 0.01
Trading hours**

Monday to Friday 
9:00 a.m. to 7:30 p.m. IST

**Exchange circular NSE/CD/44122 dated April 14, 2020 regarding revision in trading hours for cross currency futures and options upto 5:00 p.m. IST

Contract trading cycle 12 serial monthly contracts.
Calendar spreads Spread Combinations available for trading would be 
M1 - M2, M1 - M3, M1 - M4, M2 - M3, M2- M4, M3 - M4 
All spread orders shall be placed in terms of price difference only.
Expiry/Last trading day The last trading day for the contracts shall be two working days prior to the last working day of the expiry month at 12:30 pm and trade modification end time will be till 01:00 PM. If the last trading day is a trading holiday, then the last trading day shall be the previous trading day.
Quantity Freeze 10,001 or greater
Price operating range Tenure upto 6 months +/-3 % of base price.
Tenure greater than 6 months +/- 5% of base price.
Base price Theoretical price on the 1st day of the contract.
On all other days, DSP of the contract.
Position limits Position Limits for CDS Segment
Mode of settlement Cash settled in Indian Rupees
Trading holidays

* M denotes expiry month

 

Symbol EURUSD GBPUSD USDJPY
Market Type N N N
Instrument Type OPTCUR OPTCUR OPTCUR
Option Type Premium Style: European, Call & Put Options (CE/PE)
Unit of trading 1 contract unit denotes 1000 EURO. 1 contract unit denotes 1000 GBP. 1 contract unit denotes 1000 USD.
Underlying / Order Quotation The contract would be quote in USD. The outstanding positions would be in EURO terms The contract would be quote in USD. The outstanding positions would be in GBP terms The contract would be quote in JPY. The outstanding positions would be in USD terms
Tick size 0.0001 0.0001 0.01
Trading hours**

Monday to Friday 
9:00 a.m. to 7:30 p.m. IST

**Exchange circular NSE/CD/44122 dated April 14, 2020 regarding revision in trading hours for cross currency futures and options upto 5:00 p.m. IST

Contract trading cycle 3 serial monthly contracts, followed by 3 quarterly contracts of the cycle 
March/June/September/December.
No. of Strikes Minimum 12 In-the-money, Minimum 12 Out-of-the-money and 1 Near-the-money. (25 CE and 25 PE)
Strike price intervals 0.005 0.005 0.5
Expiry/Last trading day The last trading day for the contracts shall be two working days prior to the last working day of the expiry month at 12:30 pm and trade modification end time will be till 01:00 PM. If the last trading day is a trading holiday, then the last trading day shall be the previous trading day.
Quantity Freeze 10,001 or greater
Price operating range Contract specific price range based on the delta of the option contract
Base price Theoretical price on the 1st day of the contract.
On all other days, DSP of the contract.
Position limits Position Limits for CDS Segment
Mode of settlement Cash settled in Indian Rupees
Trading holidays

* M denotes expiry month

Updated on: 20/09/2024