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Equities

Equities

Equities

Oil And Natural Gas Corporation LTD

<table border="0" cellpadding="0" cellspacing="0">
  <tbody>
    <tr>
      <td><strong>Contract</strong></td>
      <td><strong>Parameters</strong></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">DGCX Contract Symbol</td>
      <td style="height:19px; width:455px"><p>DONGC</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Underlying Equity</td>
      <td style="height:19px; width:455px"><p>Oil &amp; Natural Gas Corporation LTD.</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Underlying Country</td>
      <td style="height:19px; width:455px"><p>India</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Contract Size</td>
      <td style="height:19px; width:460px"><p style="margin-left:4.0pt">25</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Notional Contract Value</td>
      <td style="height:19px; width:455px"><p>(Price * Contract Size) in USD</p></td>
    </tr>
    <tr>
      <td style="height:18px; width:196px">Trading Currency</td>
      <td style="height:18px; width:455px"><p>USD</p></td>
    </tr>
    <tr>
      <td style="height:18px; width:196px">Settlement Currency</td>
      <td style="height:18px; width:455px"><p>USD</p></td>
    </tr>
    <tr>
      <td style="height:16px; width:196px">Price Quote</td>
      <td style="height:16px; width:455px"><p>Underlying Equity price expressed in USD (example: Bid: 198.80 /Ask 198.85)</p></td>
    </tr>
    <tr>
      <td style="height:18px; width:196px">Minimum Tick Size</td>
      <td style="height:18px; width:460px"><p style="margin-left:4.0pt">0.05</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Tick Value</td>
      <td style="height:19px; width:455px"><p>USD 1.25</p></td>
    </tr>
    <tr>
      <td style="height:18px; width:196px">Settlement Basis</td>
      <td style="height:18px; width:455px"><p>Cash Settled in USD</p></td>
    </tr>
    <tr>
      <td style="height:16px; width:196px">Final Cash Settlement Price</td>
      <td style="height:16px; width:455px"><p>Based on the market closing price of the underlying on the Last day of Trading in the home market (source: public domain)</p></td>
    </tr>
    <tr>
      <td style="height:18px; width:196px">Trading Days</td>
      <td style="height:18px; width:455px"><p>Monday through Friday</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Trading Hours</td>
      <td style="height:19px; width:455px"><p>0700 hrs. - 2355 hrs. Dubai time (GMT+4)</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Trading Months</td>
      <td style="height:19px; width:455px"><p>First three (3) serial months and 2 calendar spread</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Last Trading Day **</td>
      <td style="height:19px; width:455px"><p>Last Thursday of the Calendar Month</p></td>
    </tr>
    <tr>
      <td style="height:20px; width:196px">New Contract Listing</td>
      <td style="height:20px; width:455px"><p>Business Day immediately following the Last Trading Day</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Wholesale Trades</td>
      <td style="height:19px; width:455px"><p>Minimum permitted block size is 100 lots</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Max Open Position Limit</td>
      <td style="height:19px; width:455px"><p>As determined by exchange from time to time</p></td>
    </tr>
    <tr>
      <td style="height:19px; width:196px">Max Order Size</td>
      <td style="height:19px; width:455px"><p>1,000 lots</p></td>
    </tr>
    <tr>
      <td style="height:16px; width:196px">Initial Margin based on SPAN</td>
      <td style="height:16px; width:455px"><p>Based on SPAN, subject to change from time to time</p></td>
    </tr>
    <tr>
      <td style="height:21px; width:196px">Calendar Spread Margin</td>
      <td style="height:21px; width:455px"><p>100% benefit is offered on calendar spread positions</p></td>
    </tr>
    <tr>
      <td style="height:16px; width:196px">Daily Price Movement limit</td>
      <td style="height:16px; width:455px"><p>No Limit, Note 1*</p></td>
    </tr>
    <tr>
      <td><strong>Note 1*:</strong> For the avoidance of ‘fat finger’ errors price band shall be 5% from previous settlement price e.g. if previous settlement price is USD 198, the price band is USD 9.90 i.e. from (USD 188.10 to USD 207.90). Exchange shall relax the intra-day price range for the prices of the contract approaching the 5% limit.</td>
      <td></td>
    </tr>
    <tr>
      <td><strong>Note 2 :</strong> 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.</td>
      <td></td>
    </tr>
    <tr>
      <td><strong>Note 3**:</strong> On the Last Trading Day the expiring contract will be disabled from trading at 14:00 hours Dubai Time (GMT+4).</td>
      <td></td>
    </tr>
  </tbody>
</table>