- Trading Screen Product Name
- Trading Screen Hub Name
- Commodity Code
- Contract Size
- Trading Price
US Dollar per Indian Rupee (INR/USD)
- Minimum Price Fluctuation
0.01 US cents per 100 Indian Rupees (USD 5 per tick)
- Last Trading Day
Trading ceases at 12:30 PM Mumbai time (3:00 PM Singapore time) two
India business days prior to the last India business day of the
contract expiry month.
- Contract Security
ICE Clear Singapore acts as the central counterparty for trades
conducted on ICE Futures Singapore. This enables it to guarantee
the financial performance of every contract registered with it by
clearing members up to and including exercise and/or settlement.
The final settlement price will be equal to the reciprocal of the
Reserve Bank of India (“RBI”) USD/INR reference rate
multiplied by 10,000 (rounded to 2 decimals) reported by the RBI at
approximately 1:30 PM Mumbai time (4:00 PM Singapore time) on the
last trading day.
- Daily Margin
All open contracts are marked-to-market daily.
- Contract Series
Up to thirteen consecutive calendar months.
- Delivery/Settlement Basis
- Business Days
ICE Futures Singapore business days
- MIC Code
- Clearing Venues