Contract |
Parameters |
Contract Symbol |
DMSU |
Underlying Index |
MSCI INDIA (USD, NTR) |
Contract Size |
US$ 50 x Index Value |
Pricing |
|
Price Quote |
Index Value quoted in USD (e.g.: 544.25/544.50) |
Minimum Tick Size |
|
Minimum Tick Value |
US $12.5 |
Daily Price Range |
15 index points (subject to change) |
Trading |
|
Contract Months |
Three consecutive serial months, 4 quarterly months and 1 calendar spread between first month and second month. |
Trading Days |
Monday through Friday |
Trading Hours |
07:00 - 23:30 Hrs. (Dubai Time) |
Last Trading Day |
Third Friday of the Contract Month. If it is a holiday in India or in the UAE, then the immediate preceding Business Day. |
New Contract Listing |
Business Day immediately following the Last Day of Trading |
Settlement |
|
Settlement Basis |
Cash |
Final Cash Settlement Price Basis |
Settled in cash based on the closing price of the MSCI India (USD, NTR) index as published by MSCI on the Last Day of Trading rounded off to the nearest tick. |
Margins |
|
Initial Margin based on SPAN |
US$ 850 per Contract. (Subject to change) |
Order / Position Limits |
|
Max Open Position Limit |
As determined by the Exchange from time to time |
Max Order Size |
200 Contracts |
Block Trades |
Minimum Block size permitted is 50 Contracts |
Time limit for Block Trade registration |
Up to 15 minutes after cessation of trading on any Trading Day |