TATA CONSULTANCY SERVICES LTD

TATA CONSULTANCY SERVICES LTD

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

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