Contract | Parameters |
---|---|
DGCX Contract Symbol | DRIL |
Underlying Equity | RELIANCE INDUSTRIES 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: 1,011 / Ask 1,012) |
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 100 (Based on SPAN, subject to change from time to time) |
Calendar Spread Margin | 100% benefit is offered on calendar spread positions |