|MSCI India Index futures|
|Pricing Unit||Need pricing unit!|
|Tick Value||0.2 index point (US$10)|
|Contract Months||2 nearest serial months and Mar, Jun, Sep and Dec months on 1-year cycle|
|Last Trading Day||Last Thursday of the expiring contract month. If this falls on an India holiday, the last trading day shall be the preceding business day.|
|Note: This contract is electronic ONLY -- no open outcry|
|No Open Outcry||Electronic|
|Trading Hours||N/A||T Session:
Pre - Opening 8.45 am - 8.58 am
Non - Cancel 8.58 am - 9.00 am
Opening 9.00 am - 6.10 pm
Pre - Closing 6.10 pm - 6.14 pm
Non - Cancel 6.14 pm - 6.15 pm
T + 1 Session:
Pre - Opening 7.00 pm - 7.13 pm
Non - Cancel 7.13 pm - 7.15 pm
Opening 7.15 pm - 2.00 am
Pre - Closing NA
Non - Cancel NA
|Price Limits||N/A||±10%, ±15% and ±20% from previous day’s settlement price (5 minutes cooling off period* when limit is reached).
When the Initial Price Limit at 10% is reached, the Exchange will only signal a cooling off period if the underlying cash market is closed.
Thereafter no price limits for rest of the day. No price limits for expiring contract on its Last Trading Day.