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Futures
A futures contract is a standardised contract between two parties to
buy or sell a specified asset of standardized quantity and quality for a
price agreed upon today (the futures price or strike price) with delivery
and payment occurring at a specified future date, the delivery date.
The contracts are negotiated at a futures exchange, which acts as an
intermediary between the two parties
Bullion
Bullion refers to precious metals in bulk form which are
regularly traded on commodity markets
The value of bullion is typically determined by the value
of its precious metals content, which is defined by its
purity and mass
The specifications of bullion are often regulated by market
bodies or legislation
Gold, Gold HNI, Gold M, i-gold, Silver, Silver HNI,
Silver M,, Silver Micro
PETROCHEMICALS
HDPE, Polypropylene(PP), PVC
Agricultural Commodities
FIBER
Cotton L Staple, Cotton M Staple, Cotton S Staple, Cotton Yarn, Kapas, Jute
SPICES
Cardamom, Jeera, Pepper, Red Chilli, Turmeric, Cumin Seed, Coriander
PULSES
Chana, Masur, Yellow Peas, Tur, Urad
PLANTATIONS
Arecanut, Cashew Kernel, Coffee (Robusta), Rubber
CEREALS
Maize, Barley, Rice, Sharbati Rice, Basmati Rice, Wheat
OTHERS
Guargum, Guar Seed, Gurchaku, Mentha Oil, Potato (Agra), Potato (Tarkeshwar)
Security Description
840GS2024
883GS2023
Underlyin
8.83% Central Government Security having maturity on November
8.40% Central Government Security having maturity on July 28, 2024
g
25, 2023
Instrumen
FUTIRF
t Type
Unit of
trading
Each futures contract shall represent 2000 underlying bonds of total face value of INR 2,00,000/-.
Quotation
/Price
One Bond of face value100
Quote
Tick size
Trading
hours
Monday to Friday
9:00 a.m. to 5:00 p.m.
Contract
trading
cycle
Maximum of Three serial monthly contracts of maturity of one-month, two-months and three-months shall be available simultaneously
Last
trading
day
The expiry / last trading day for the contract shall be the last Thursday of the expiry month. If any expiry day is a trading holiday/ shut
period, then the expiry/ last trading day shall be the previous trading day.