18 Questions
When is the expiry day for the trading of the monthly contract?
Last business day of the expiry month at 12.30 pm
What is the final settlement price for USDINR, EURINR, GBPINR, and JPYINR contracts?
FBIL reference rate
What is the expiry day for all monthly stock futures and options contracts?
Last Thursday of the month
When do the weekly futures and options contracts typically expire?
Last day of the week i.e., on Friday at 12:30 pm
How are all stock futures and option contracts settled?
Physically settled
How many serial monthly contracts are followed by quarterly contracts in a cycle?
3 serial monthly contracts followed by 3 quarterly contracts
Which currency pairs are currency futures contracts traded on in India?
USDINR, EURINR, and JPYINR
What is the underlying for the USD-INR currency futures pair?
Rate of exchange between USD and INR
Where are interest rate futures and options traded?
Currency Derivatives segment of the Exchange
When are interest rate options currently available?
On single bond GOI securities
What happens if the last Thursday is a holiday?
The previous trading day becomes the last trading day
What happens if less than 5 trades are executed in the underlying bond during the last two hours of trading?
The FIMMDA/FBIL price will be used for final settlement
What types of commodities are traded in commodity derivatives?
Gold, silver, metal, energy, and agricultural goods
Where are commodity futures and options traded?
"Commodity Derivatives Segment" of the Exchange
What are Interest Rate Futures (IRF)?
Contracts to buy or sell a notional security or interest-bearing instrument at a specified future date
What is the lot size for single bond futures available on Government of India (GOI) securities?
2000 bonds at the rate of Rs. 100 per bond
When is the last trading day for single bond futures available on GOI securities?
Last Thursday of the expiry month
What is the final settlement price for single bond futures available on GOI securities based on?
Value weighted average price of the underlying bond based on the prices during the last two hours of trading on NDS-OM
Test your knowledge about the expiry and settlement rules of currency futures contracts, including the timing, method of settlement, and reference rates. This quiz covers the trading cycle, introduction of new contracts, expiry day, and cash settlement process.
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