NCDEX Groundnut (in shell)

From MarketsWiki
Jump to navigation Jump to search


Vela-dark@2x.png



Groundnut (in shell) futures
Exchange National Commodity & Derivatives Exchange
Settlement Physically delivered
Contract Size 10 metric tons
Pricing Unit Need pricing unit!
Tick Value Re 0.05 (5 Paisa)
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 the immediately preceding trading day 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 a. m. to 05:00 p.m.

Saturdays : 10.00 a.m. to 2.00 p.m.

Ticker Symbol N/A GNSHELJNG
Price Limits N/A Daily price limit will be (+)/ (-) 2%. On the first day, the limit on daily price fluctuation will be reckoned with reference to the opening price. 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 price limit would be extended by another (+)/(-) 2%. No trade would be permitted during the day beyond the revised price limit of 4%. On the second day of trade, and thereafter, the daily price limit will be reckoned with reference to the mark to market rate of the previous closing day.

Notes[edit]

Resources[edit]

NCDEX Groundnut (in shell) Contract Specifications