| Items |
Specifications |
| Exchange |
CME |
| Underlying Stock Index |
E-micro Nifty 50 Futures |
| Contract Size |
$2 x Index (e.g.if Index is at 5124.00, contract value = $10,248) |
| Minimum Price Fluctuation |
0.50 index pts = $1.00 |
| Contract Month |
Two nearest serial and four quarterly (March quarterly cycle - Mar, Jun, Sep, Dec) |
| Daily Price Limits |
RTH and ETH: 10%, 15% and 20% limits up or down |
| Trading Hrs |
Chicago Time:
Mon-Fri: 3:30 p.m. - 3:15 p.m. the next day (Friday close at 3:15p.m.)
Sun: open at 5:00 p.m. - 3:15 p.m. the next day
Trading halt SUN-THURS: 8:30 p.m. - 9:30 p.m. CST; 9:30 p.m. - 10:30 p.m. CDT |
| Trading Hours on Last Trading Day |
4:00 a.m. (Central Standard Time); 5:00 a.m. (Daylight Savings Time) |
| Last Trading Day |
Close of trading at the National Stock Exchange of India (NSE) on the last Thursday of the month. |
| Final Settlement |
Cash settlement. All open positions at close of last day of trading are settled in cash to the final settlement price of the S&P CNX Nifty Index futures at the NSE. |
| Close |
