MARUTI SUZUKI INDIA LTD
ContractParameters
DGCX Contract SymbolDMSIL
Underlying EquityMARUTI SUZUKI INDIA LTD.
Underlying CountryIndia
Contract Size1
Notional Contract Value(Price * Contract Size) in USD
Price QuoteUnderlying Equity price expressed in USD (example: Bid: 4,677 / Ask 4,678)
Minimum Tick Size1
Tick ValueUSD 1
Trading DaysMonday through Friday
Trading Hours07:00 – 23:30 Hours Dubai time (GMT+4)
Trading MonthsFirst 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 ListingBusiness Day immediately following the Last Trading Day
Final Cash Settlement Price BasisBased on the market closing price of the Underlying
Equity on the Last Trading Day in the Underlying
Country (source: public domain)
Settlement BasisCash settled in USD
Wholesale TradesMinimum permitted block size is 100 lots
Max Open Position LimitAs determined by the Exchange from time to time
Max Order Size1,000 lots
Daily Price Movement limitNo Limit, Note 1*
Initial Margin based on SPANUSD 470 (Based on SPAN, subject to change from time to time)
Calendar Spread Margin100% benefit is offered on calendar spread positions

 

 

Note 1*: For the avoidance of ‘fat finger’ errors price band shall be 5% from previous settlement price e.g. if previous settlement price is USD 2,440. The price band is USD 122 i.e. from USD 2,318 to USD 2,562). Exchange shall relax the intra-day price range for the prices of the contract approaching the 5% limit

 

Futures contracts:
http://fxpcm.com/futures-contracts

Leave a Reply

Your email address will not be published. Required fields are marked *

Post comment