NCDEX Silver (5 kg)
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| Silver (5 kg) futures | ||
|---|---|---|
| Exchange | National Commodity & Derivatives Exchange | |
| Settlement | Physically delivered | |
| Trade Unit | 5 kilograms | |
| Point Value | Need point value! | |
| Tick Value | 1 Rupee | |
| Contract Months | All months | |
| Last Trading Day | 20th day of the delivery month. If 20th happens to be a holiday, a Saturday or a Sunday then the due date shall be immediately preceding trading day other than a Saturday of the Exchange. | |
| Note: This contract is electronic ONLY -- no open outcry | ||
| No Open Outcry | Electronic | |
| Trading Hours | N/A | Mondays through Fridays: 10:00 AM to 11:30 PM
Saturdays: 10:00 AM to 02:00 PM |
| Ticker Symbol | N/A | SILVER5DEL |
| Price Limits | N/A | Daily price fluctuation limit will be (+/-) 6%. If the trade hits the prescribed price limit there will be cooling off period for 15 minutes. Trade will be allowed during this cooling off period within the price band of (+/-) 6%. Thereafter the price band would be raised by another 50% of the existing limit i.e. (+/-) 3%. No trade/order shall be permitted during the day beyond the revised limit of (+/-) 9% except such further variation as may permitted by the regulators.
On the first day of any new contract, the limit on daily price fluctuation will be reckoned with reference to the opening price. On the second and subsequent days, the daily price fluctuation will be reckoned with reference to the mark-to-market rate of the previous closing price. |
