NISM Series XIII Common Derivatives Certification Exam Notes

Page 131 Of 303

Go to:

  • Concept of Cross Currency Futures:Contracts like EURUSD, GBPUSD, USDJPY; traded in INR.
  • Settlement Method:Cash settled.
  • Trading Cycle:11 weekly + 12 monthly (INR contracts); 12 monthly (cross currency).
  • Expiry:Weekly: Friday; monthly: two working days before month-end.
  • Lot Sizes Differ:E.g., JPYINR = 100,000 JPY; USDJPY = 1000 USD.

NISM Common Derivatives

MODELEXAM MODELEXAM®