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    Finance

    Daily Settlement

    Daily settlement price shall be the closing price of the Futures Contracts for the trading day or such other price as may be decided...

    Clearinghouse

    The Clearinghouse is an organization established with the objective of assisting the process of settlement of various transactions related to derivatives, securities, and payments....

    Public Standardised Transactions

    A standardized futures contract has a specific: 1. Underlying Instrument: The commodity, currency, financial instrument, or index upon which the contract is based; 2. Size: The...

    Participants in Futures Market

    The participants in the futures market are as follows: Participants on General Basis Individual Individual participants are sole traders or companies which are 90% owned or controlled...

    Types of Futures Contracts

    Future contracts can be broadly classified into: Financial Futures Financial futures are the futures contract to buy or sell a specific financial instrument at a specific...

    Features of Futures Contract

    The features of a futures contract may be specified as follows: 1. Trading on Organised Exchange: These are traded on an organized exchange like IMM,...

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