Indian Rupee/USD Futures Contract Specs
| Contract Unit | 5,000,000 Indian rupees | ||||
| Price Quotation | U.S. cents per 100 Indian rupees | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. | ||||
| Minimum Price Fluctuation |
Outright: 0.01 U.S. cents per 100 INR increments = $5.00 Calendar Spreads: 0.005 U.S. cents per 100 INR increments = $2.50 |
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| Product Code | CME Globex: SIRCME ClearPort: SIRClearing: 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. | ||||
| Settlement Procedures | INR/USD Settlement Procedures | ||||
| Position Limits | CME Position Limits | ||||
| Exchange Rulebook | CME 279 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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