Difference between revisions of "NCDEX Zinc Ingot"

From MarketsWiki
Jump to navigation Jump to search
Line 52: Line 52:
== Notes ==
== Notes ==
== Resources ==
[http://www.ncdex.com/product/Base_Metals.aspx?comm=ZINCING NCDEX Zinc Ingot Contract Specifications]

Revision as of 15:02, 29 July 2008

Template:Infobox Midpage Need Sponsor Right

Zinc Ingot futures
Exchange National Commodity & Derivatives Exchange
Settlement Physically delivered
Contract Size 5 metric tons
Pricing Unit Need pricing unit!
Tick Value 5 Paise per kilogram
Contract Months All months
Last Trading Day Last trading day of the month. If last day 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 AM to 11:30 PM

10:00 AM to 11:55 PM (during US day light saving period)

Saturdays: 10:00AM to 02:00 PM

Expiry Date at: 11:30 PM / 11:55 PM

Ticker Symbol N/A ZINC
Price Limits N/A Daily price limit is (+/-) 5% from the previous day's closing 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 the price band would be raised by another 50% of the existing limit i.e. (+/-) 2.5% and trade will be resumed. If the price hits the revised price band (7.5%) 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 (+/-) 7.5% from the previous day's closing price.



NCDEX Zinc Ingot Contract Specifications