Futures trading was once a way for farmers to hedge against price movements and to guarantee themselves a stable income. However, in the past decade, futures trading revolutionized the way investors and speculators profited. Trading in the futures market is a golden opportunity for traders to not only hedge against price movement, but to also profit in large amounts through market speculation.
PCM International is passionate for seeing traders succeed. Therefor, we encourage traders not to miss out on the advantages that trading futures contracts will provide for them.
When deciding which futures contract to trade, there are many questions to keep in mind. These include: What are the future contract’s margin requirements? How about contract size and levels of liquidity of the futures contract? What is the duration of the future’s contract? With PCM International, you can get the answers to all your questions.
What is TATA Consultancy Services
TCS assures a strengthened transformation and growth for its clients’ businesses through IT services and digital and business solutions. TATA Consultancy Services was established in 1968 with the values: Leading Change, Integrity, Excellence, Learning and Sharing.
TCS services portfolio consists of the following:
· Performance management and business intelligence
· Cloud services
· Connected marketing
· Enterprise solutions
· Engineering and industrial services
TATA Consultancy services software offerings include the following:
· Digital Software and Solutions
· TCS Mastercraft
· TCS BaNCS
TATA Consultancy Services Mission
TATA Consultancy Services consistently works towards fulfilling their mission: to provide their clients innovative, best-in-class consulting, IT solutions and services to help achieve their business objectives. As a part of the TATA Group, which has been running for over 144 years, TCS has inherited a long history of fair, ethical and transparent governance.
TETA Consultancy Services Stock Analysis
Outstanding Shares: 1.97bn
TCS Market Capitalization: 4.59tn
Annual div: 44.50INR
EPS: 125.89INR
| Contract | Parameters |
|---|---|
| DGCX Contract Symbol | DTCS |
| Underlying Equity | TATA CONSULTANCY SERVICES LTD. |
| Underlying Country | India |
| Contract Size | 1 |
| Notional Contract Value | (Price * Contract Size) in USD |
| Price Quote |
Underlying Equity price expressed in USD (example: Bid: 2,440 / Ask 2,441) |
| Minimum Tick Size | 1 |
| Tick Value | USD 1 |
| Trading Days | Monday through Friday |
| Trading Hours | 07:00 - 23:30 Hours Dubai time (GMT+4) |
| Trading Months | First two (2) serial months and 1 calendar spread |
| Last Trading Day ** | Last Thursday of the Calendar Month |
| Cash Settlement Day** | Business day following the Last Trading Day |
| New Contract Listing | Business day immediately following the Last Trading Day |
| Final Cash Settlement Price Basis |
Based on the market closing price of the Underlying Equity on the Last Trading Day in the Underlying Country (source: public domain) |
| Settlement Basis | Cash settled in USD |
| Wholesale Trades | Minimum permitted block size is 100 lots |
| Max Open Position Limit | As determined by the Exchange from time to time |
| Max Order Size | 1,000 lots |
| Daily Price Movement limit | No Limit, Note 1* |
| Initial Margin based on SPAN | USD 240 (Based on SPAN, subject to change from time to time) |
| Calendar Spread Margin | 100% benefit is offered on calendar spread positions |
English
عربي
简体中文
Indonesian
Русский
