| Exchange |
National Stock Exchange |
| Type |
Index |
| Underlying |
S&P CNX Nifty Index |
| Currency |
Indian Rupee (INR) |
| Contract Size |
50 INR x Index |
| Tick Size |
0.05 |
| Tick Value |
2.5 INR |
| Pre-Open 1 |
None |
| Trading Session 1 |
09:55 - 15:30 |
| Pre-Open 2 |
None |
| Trading Session 2 |
None |
| Pre-Open T+1 |
No T+1 Session |
| Trading Session T+1 |
No T+1 Session |
| Last Trading Day |
Last Thursday of the expiry month. If the last Thursday is a trading holiday, the contracts expire on the previous trading day. |
| Final Settlement Day |
Last Thursday of the contract month. |
| Final Settlement Price |
The closing value of the underlying index on the last trading day. |
| Settlement Type |
Cash |
| Contract Months |
3 month trading cycle - the near month (one), the next month (two) and the far month (three) |
| First Trading Day |
|
| Position Limit |
|
| Initial Margin (outright) |
|
| Maintenance Margin (outright) |
|
| Clearinghouse Margin (outright) |
|
| Listed Spread |
No |
| Initial Margin (spread) |
|
| Maintenance Margin (spread) |
|
| Clearinghouse Margin (spread) |
|
| Daily Price Limit |
|
| Index Options |
Yes |
| Exchange Symbol |
NZ |
| Reuters Symbol |
|
| Bloomberg Symbol |
|
| ISIN Symbol |
|
| SEDOL |
|
| Notes |
S&P Index methodology can be found HERE |
