NISM Series XIII Common Derivatives Certification Exam Notes

Page 139 Of 303

Go to:

  • Contract Specifications (INR pairs):Underlying: USDINR, EURINR, GBPINR, JPYINR.Lot size: 1000 USD/Euro/Pound; 100,000 Yen.Quotation: INR.Style: European.Expiry: Two working days before month-end; Fridays for weekly options.
  • Contract Specifications (Cross currency):Underlying: EURUSD, GBPUSD, USDJPY.Lot size: 1000 of quote currency.Quotation: USD or JPY.Expiry: Two working days before month-end.
  • Trading Hours: INR pairs: 9:00 a.m.–5:00 p.m.; cross currency: 9:00 a.m.–7:30 p.m.
  • Settlement: Cash settled based on FBIL reference rate.
  • Advantages of Exchange-Traded Options: Standardization, price transparency, counterparty risk elimination, liquidity.
Previous
Next

NISM Common Derivatives

Free Demo
Buy Premium
MODELEXAM MODELEXAM®
Developed by Realsoft Infoplanwww.realsoftinfoplan.com