NCDEX Robusta Cherry AB Coffee
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| Robusta Cherry AB Coffee futures | ||
|---|---|---|
| Exchange | National Commodity & Derivatives Exchange | |
| Settlement | Physically delivered | |
| Trade Unit | 2 metric tons | |
| Point Value | Need point value! | |
| Tick Value | 5 Paise | |
| Contract Months | Mar, May, Jul, Sep, Dec | |
| Last Trading Day | 20th day of the delivery month. If 20th day happens to be a Saturday, Sunday or Holiday, then the due date shall be the immediately preceding trading day of the Exchange.
The Settlement of the contract would be by a staggered system where settlement through physical delivery tendered on T day would happen on the T+7th day and final settlement of the contract would happen on E+7 day. Corresponding to each delivery The supplemental settlement shall also happen on T+7 days and the settlement for taxes shall happen on T+9 days. | |
| Note: This contract is electronic ONLY -- no open outcry | ||
| No Open Outcry | Electronic | |
| Trading Hours | N/A | Mondays through Fridays: 10:00 a.m. to 11:30 p.m.
10:00 a.m. to 11:55 p.m. (during US day light saving period) Saturdays: 10:00 a.m. to 2:00 p.m. |
| Ticker Symbol | N/A | COFFEERC |
| Price Limits | N/A | Daily price fluctuation limit is (+/-) 2%. If the trade hits the prescribed daily price limit there will be a cooling off period for 15 minutes. Trade will be allowed during this cooling off period within the price band. Thereafter the price band would be raised by another (+/-) 2% and trade will be resumed. If the price hits the revised price band (4%) again during the day, trade will only be allowed within the revised price band. No trade/order shall be permitted during the day beyond the revised limit of (+/-) 4%. |
