|Exchange||National Commodity & Derivatives Exchange|
|Contract Size||10 metric tons|
|Pricing Unit||Need pricing unit!|
|Tick Value||1 Re.|
|Contract Months||All months|
|Last Trading Day||20th day of the delivery month. If 20th happens to be a holiday, a Saturday or Sunday then the due date shall be the immediately preceding trading day of the Exchange, which is other than a Saturday.|
|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 5:00 p.m.
Saturdays: 10.00 a.m. to 2.00 p.m.
|Price Limits||N/A||Daily price fluctuation limit is (+/-) 3%. 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 (+ / -) 1%.
If the price again hits the revised price band (4%) 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%.