Indian Rupee/USD Futures Contract Specs
| Contract Unit | 5,000,000 Indian rupees | ||||
| Price Quotation | U.S. Cents per 100 Indian Rupees (e.g., 154.40 / 154.41 U.S. Cents per 100 Indian Rupees) |
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| 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 | 0.01 U.S. cents per 100 INR increments ($5.00/tick). Also, trades can occur in 0.005 U.S. cents per 100 INR increments ($2.50/contract) for INR futures intra currency spreads executed on CME Globex®. | ||||
| Product Code | CME Globex: SIRCME ClearPort: SIRClearing: SIR | ||||
| Listed Contracts | Monthly contracts listed for 12 consecutive months plus 4 March quarterly months (2-year maturity range) | ||||
| 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 | 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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