E-micro Indian Rupee/USD Futures Contract Specs

Futures

Contract Unit	1,000,000 INR (≈ USD $15,728 as of June 18, 2015) (10 lakh)
Price Quotation	U.S. Cents per 100 Indian Rupees (e.g., 154.40 / 154.41 U.S. Cents per 100 Indian Rupees)
Trading Hours	CME Globex:	Sunday: 5:00 p.m. - 4:00 p.m. CT next day. Monday - Friday: 5:00 p.m. - 4:00 p.m. CT the next day, except on Friday - closes at 4:00 p.m. and reopens Sunday at 5:00 p.m. CT.
	CME ClearPort:	Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Minimum Price Fluctuation	0.01 U.S. cents per 100 INR increments ($1.00/tick). Also, trades can occur in 0.005 U.S. cents per 100 INR increments ($0.50/contract) for INR/USD futures intracurrency spreads executed on CME Globex®.
Product Code	CME Globex: MIR CME ClearPort: MIR Clearing: MIR
Listed Contracts	Monthly contracts listed for 12 consecutive months.
Settlement Method	Financially Settled
Termination Of Trading	Trading terminates at 12:00 noon Mumbai time two Indian business days immediately preceding the last Indian business day of the contract month.
Settlement Procedures	Settlement Procedure
Position Limits	CME Position Limits
Exchange Rulebook	CME 296
Price Limit Or Circuit	Price Limits
Vendor Codes	Quote Vendor Symbols Listing

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