Trade In Global Indices Like S&P, DJIA Through NSE
Now Trade in Global Indices Through NSE . Starting has been done with Dow Jones and S&P . In the coming future FTSE will also be added for trading.
So a new era has begun for Indian traders to trade in foreign derivatives.
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| NSE Contract Specifications |
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| Ticker Symbol | DJIA |
| Contract Size | 25 units |
| Notional value | Contract size multiplied by the index level (For example: if the current index value is 10000 then the notional value would be 10000 x 25 = Rs. 2,50,000) |
| Tick Size | 2.50 |
| Trading Hours | As in equity derivative segment |
| Expiry Date | 3rd Friday of the respective contract month. In case third Friday is a holiday in USA or in India the contract shall expire on the preceding business day |
| Contract months | 4 Quarterly expiry contracts in the Mar-Jun-Sep-Dec cycle |
| Daily Settlement Price | Last half hour's weighted average price |
| Final Settlement Price | All open positions at close of last day of trading shall be settled to the Special Opening Quotation (SOQ) of the DJIA Index on the date of expiry. |
| Final Settlement Procedure | Final settlement will be Cash settled in INR based on final settlement price |
| Final Settlement day | All open positions on expiry date shall be settled on the next working day of the expiry date (T+1) |
| Position Limits | The Trading Member/Mutual Funds position limits as well as the disclosure requirement for clients is same as applicable in case of domestic stock index derivatives. | |
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| S&P Futures Contract Specifications |
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| Ticker Symbol | S&P500 |
| Contract Size | 250 units |
| Notional value | Contract size multiplied by the index level (For example: if the current index value is 1000 then the notional value would be 1000 x 250 = Rs. 2,50,000) |
| Tick Size | 0.25 |
| Trading Hours | As in equity derivative segment |
| Expiry Date | 3rd Friday of the respective contract month. In case third Friday is a holiday in USA or in India the contract shall expire on the preceding business day |
| Contract months | 4 Quarterly expiry contracts in the Mar-Jun-Sep-Dec cycle |
| Daily Settlement Price | Last half hour's weighted average price |
| Final Settlement Price | All open positions at close of last day of trading shall be settled to the Special Opening Quotation (SOQ) of the S&P 500 Index on the date of expiry. |
| Final Settlement Procedure | Final settlement will be Cash settled in INR based on final settlement price |
| Final Settlement day | All open positions on expiry date shall be settled on the next working day of the expiry date (T+1) |
| Position Limits | The Trading Member/Mutual Funds position limits as well as the disclosure requirement for clients is same as applicable in case of domestic stock index derivatives.
http://www.nse-india.com/ | |
Required US Government Disclaimer & CTFC Rule 4.41
Futures trading contains substantial risk and is not suitable for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or lifestyle. Only consider risk capital that should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. CTFC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS SUCH AS LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this website or advertisement are for illustrative purposes only and not construed as specific advisory recommendations. All ideas and materials presented herein are for information and educational purposes only. No system or trading methodology has ever been developed that can guarantee profits or prevent losses. The testimonials and examples used herein are exceptional results which do not apply to average people and are not intended to represent or guarantee that anyone will achieve the same or similar results. Trades placed on the reliance of Trend Methods systems are taken at your own risk for your own account. This is not an offer to buy or sell futures interests.
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