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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
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.
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