Mini Indian Rupee Futures

Mini Indian Rupee Futures



Contract Size

Delivery Months

Last Trading Day

Settlement Day

New Contract Listing

Price Quote

Tick Size

Trading Days

Trading Hours

Maximum Order Size

Daily Price Movement Limit

Wholesale Trades

Final Cash Settlement Price Basis


Indian Rupee

INR 200,000

Monthly contracts for twelve months forward

Two Business Days prior to the last working day of the contract month

The Business Day immediately following the last day of expiring contract

Business day immediately following the last trading day

US Cents (1/100 INR)

US$ 0.000001 per INR or US$ 0.2 per tick

Monday through to Friday

07:00 - 23:30 Hours Dubai time (GMT+4)

500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots

No price limit

EFS, EFP, Block trade facilities available

Open Positions at expiry of contract shall be settled in US Dollars as per the Daily Settlement Price (DSP) declared by the Exchange. The DSP would be based on the official US Dollar reference rate issued by the Reserve Bank of India, based on bank rates in Mumbai at 12 noon on the day of trading or earliest available date

Initial Margin based on SPAN

Calendar Spread Margin

Intra-commodity Margin Offset

Spread Position Margin

Extra Margin

Click on the "Initial Margin" TAB

100% benefit is offered on calendar spread positions

100% benefit is offered on offsetting positions between INR and Mini INR positions.

Nil on matched positions

At times of high volatility, an extra margin, as deemed fit by the Exchange, may be charged