Settlement means actual pay in or pay out to settle the contract.

All futures contracts are settled through exchange of cash in Indian Rupees.

Which term best describes EUR currency?

As a trader you believe EURUSD will move from 1.12 to 1.18 in next 2 months. Which of the following would you do to execute this view using currency futures contract of EURINR and USDINR?

Base currency is the first currency in a currency pair.

A derivatives contract can exist without an Underlying be it equity, interest rate etc.

The final settlement price of a currency futures contract is the ____ on the last trading day of the futures contract.

The limit price is always set higher than the market price.

Extreme loss margin is computed at ____ on the mark-to-market value of the Gross Open position for USD / INR contract.

A branch manager can define limits for____