| Symbol |
CRUDEOIL |
| Contract Start Day |
As per the Contract Launch Calendar |
| Last Trading Day |
As per the Contract Launch Calendar |
| Trading Period |
Mondays through Friday |
| Trading Session |
Monday to Friday: 10.00 a.m. to 11.30 / 11.55 p.m. |
| Trading Unit |
100 barrels |
| Quotation/ Base Value |
Rs. Per barrel |
| Maximum Order Size |
10,000 barrels |
| Tick Size |
Rs. per barrel |
| Initial Margin |
Minimum 4% or based on SPAN whichever is higher |
| Extreme Loss Margin |
Minimum 1% |
| Additional and/ or Special Margin |
In case of additional volatility, an additional margin (on both buy & sell side) and/ or special margin (on either buy or sell side) at such percentage, as deemed fit; will be imposed in respect of all outstanding positions. |
| Settlement |
The contract would be settled in cash |
