Contract |
Parameters |
Symbol |
DBSX |
Underlying Index |
S&P BSE Sensex |
Contract Size |
1 S&P BSE Sensex |
Price Quote |
1 S&P BSE Sensex Futures quoted in US Dollars |
Minimum Tick Size |
1 S&P BSE Sensex Index point (for eg: 19999, 20000, 20001 etc.) |
Minimum Tick Value |
US $1 |
Daily Price Band range |
500 index points (for eg: 19800-20300) |
Final Cash Settlement Price basis |
Official closing price of the S&P BSE Sensex as published by BSE on the Last Day of Trading rounded to the nearest whole number. |
Contract Months |
First 3 serial months (current month, 2nd and 3rd months) and 1 calendar spread Contract between current month and subsequent 2nd serial months. |
Trading Days |
Monday through Friday |
Trading Hours |
07.00 – 23.30 hrs (Dubai Time) |
Last Trading Day |
Last Thursday of the Contract month. If it is a holiday in Mumbai, India or Dubai, UAE, then the immediate preceding Business Day. |
New Contract Listing |
Business Day immediately following the Last Day of Trading |
Block Trades |
Minimum Block size permitted is 50 Contracts |
Time Limit for Block Trade Registration |
Up to 15 minutes after cessation of trading on any Trading Day. |
Max Open Position Limit |
As determined by the Exchange from time to time |
Max Order Size |
200 Contracts |
Initial Margin based on SPAN |
$900 per contract |