Trading with us offers the optimal avenue for investing your money wisely and profitably.
Indian Rupee- United States dollar futures contract is a part of the key initiative of the exchange to give access to currencies that are relevant to the region. India is one of UAE’s largest trade partners and Indian’s consist of over 30% of the total populace of UAE.
Indian economy is one of the fastest growing economies in the world and is ranked third in global GDP on a PPP basis. The Indian Rupee contract has attracted the attention of several global funds and organizations to hedge their Indian Rupee risk offshore in UAE.
| Contract Type | Future |
| Contract Name | Indian Rupee/US Dollar |
| Contract Symbol | DINRI |
| Underlying | Indian Rupee |
| Contract Size | INR 2,000,000 |
| Notional Contract Value | INR 2,000,000 |
| Trading Currency | USD |
| Settlement Currency | USD |
| Price Quote | US Dollars quoted in Cents per 100 Indian Rupees |
| Tick Size | US$ 0.01 |
| Tick Value | US$ 2.00 |
| Settlement Basis | Cash Settled |
| Final Cash Settlement Price (FCSP) | FCSP is based on the official USDINR reference rate issued by relevant body on Last Trading Day (rounded to 4 decimal places) |
| Last Trading Day (LTD) | Two Business Days prior to the last Business Day of the contract month |
| Trading Days | Exchange Business Days* |
| Trading Hours | 07:00 – 23:55 Hours Dubai time |
| Trading Months | Monthly contracts for twelve months forward |
| New Contract Listing | Business Day immediately following the Last Trading Day |
| Max Order Size | 200 Lots |
| Wholesale Trades | Block Trade minimum size threshold: 50 lots. EFP/EFS also available. Trades must be submitted 15 minutes after execution |
Risk Warning: Investing in derivative products carries significant risks and may not be suitable for all investors. Volatility in these instruments can increase the level of risk and potential loss exposure. Before making any decision to engage in DGCX Derivaitive Products, it is essential to carefully assess your investment objectives, level of experience, and risk tolerance. You should only invest funds that you can afford to lose. We strongly encourage you to educate yourself thoroughly about the associated risks and, if you have any questions, seek advice from an independent financial or tax advisor.
GTC Multi Trading DMCC: is a limited company licensed and incorporated under the laws of the Dubai Multi Commodities Centre (No.DMCC-312687) and licensed by the Securities and Commodities Authority, United Arab Emirates (No.202200000007) to practice the activity of Commodity Brokerage – Trading and Clearing. Registered address: Unit No: 1501, 1 Lake Plaza, Plot No: JLT-PH2-T2A, Jumeirah Lakes Towers, Dubai, United Arab Emirates Website: www.gtcmtd.com
The information on this website may only be copied with the explicit written consent of GTC Multi Trading DMCC.
The entity mentioned above provides services only to individuals residing in the United Arab Emirates.
Disclaimer: All products and services promoted on this website are not intended for distribution to, or used by, any person or organization in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.