Indian Rupee/USD Futures - Contract Specs
Contract Unit | 5,000,000 Indian rupees |
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Price Quotation | U.S. cents per 100 Indian rupees |
Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. - 6:00 p.m. CT |
Minimum Price Fluctuation | CME Globex: 0.01 per 100 Indian rupee increments = $5.00 Spreads: 0.005 per 100 Indian rupee increments = $2.50 CME ClearPort: 0.001 per 100 Indian rupee increments = $0.50 |
Product Code | CME Globex: SIR CME ClearPort: SIR Clearing: SIR |
Listed Contracts | Monthly contracts listed for 12 consecutive months and 4 quarterly contracts (Mar, Jun, Sep, Dec) |
Settlement Method | Financially Settled |
Termination of Trading | Trading terminates at Noon Mumbai time 2 Indian business days prior to the last Indian business day of the contract month. |
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