Notice Board

Launch of USDINR Weekly Futures Contracts w.e.f. 11th October 2021

By 10/10/2021 No Comments

As per the Circular dated 4th October 2021, National Stock Exchange of India (NSE) is introducing US Dollar – Indian Rupees (USDINR) Weekly Futures contracts in Currency Derivatives Segment. 11 Weekly contracts of USDINR will be available to trade along with the monthly contracts w.e.f. 11th October 2021.

The Contract Specifications of the USDINR Weekly Futures is as below:

Parameter

Specification

Symbol

USDINR

Unit of trading (1 Lot)

1000 Qty

Tick size

₹0.0025 or 0.25 Paise

Instrument type

FUTCUR

Trading hours

Monday to Friday 9:00 AM. to 5:00 PM

Trading hours

Friday of the expiring week at 12:30 pm and trade modification end time will be till 01:00 PM.

Settlement

Daily settlement: T+1
Final settlement: T+2

Mode of settlement 

Cash settled in Indian Rupees

For more details on contract specifications of USDINR Weekly Futures – Refer this.

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