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Equities

Equities

Equities

Ambuja Cements LTD

Contract Parameters
DGCX Contract Symbol

DAMBUJACEM

Underlying Equity

Ambuja Cements LTD.

Underlying Country

India

Contract Size

25

Notional Contract Value

(Price * Contract Size) in USD

Trading Currency

USD

Settlement Currency

USD

Price Quote

Underlying Equity price expressed in USD (example: Bid: 275 / Ask 275.05)

Minimum Tick Size

0.05

Tick Value

USD 1.25

Settlement Basis

Cash Settled in USD

Final Cash Settlement Price

Based on the market closing price of the underlying on the Last day of Trading in the home market (source: public domain)

Trading Days

Monday through Friday

Trading Hours

0700 hrs. - 2355 hrs. Dubai time (GMT+4)

Trading Months

First three (3) serial months and 2 calendar spread

Last Trading Day **

Last Thursday of the Calendar Month

New Contract Listing

Business Day immediately following the Last Trading Day

Wholesale Trades

Minimum permitted block size is 100 lots

Max Open Position Limit

As determined by exchange from time to time

Max Order Size

1,000 lots

Initial Margin based on SPAN

Based on SPAN, subject to change from time to time

Calendar Spread Margin

100% benefit is offered on calendar spread positions

Daily Price Movement limit

No Limit, Note 1*

Note 1*: For the avoidance of ‘fat finger’ errors price band shall be 5% from previous settlement price e.g. if previous settlement price is USD 275, the price band is USD 13.75 i.e. from (USD 261.25 to USD 288.75). Exchange shall relax the intra-day price range for the prices of the contract approaching the 5% limit.  
Note 2 : In case of specific Corporate Action the Exchange may affect an early Cash Only Settlement of all existing Contracts on the relevant SSF on the last Cum-Date in relation to the Corporate Action as provided in DGCX By-Laws S.3.  
Note 3**: On the Last Trading Day the expiring contract will be disabled from trading at 14:00 hours Dubai Time (GMT+4).