The Exchange recently conducted a seminar to educate investors on the modalities of trading in the Indian Rupee Options contract
. Each DGCX Indian Rupee Options contract
represents one Indian Rupee Futures contract of 2 million rupees.
DGCX will hold workshops on the rupee options contract
prior to its launch on September 26.
The CFTC explained that, "Movie revenues fall into the same category as many other commodities for which futures and options contracts
have been either approved by or self-certified to the Commission where the underlying commodity is a non-price-based measure of an economic activity, commercial activity or environmental event.
long--an initial buy position of a futures or options contract
or the physical ownership of the cash commodity.
The new cleared freight options contracts
would be for Panamax bulk carriers and would be based on the daily PM4TC (daily basket index of four panamax time charter routes) from the Baltic Exchange in London, UK.
In general, these authors demonstrate that the option price or premium is a function of the time remaining to expiration or the time value of the option, the price volatility of the underlying commodity, and other characteristics of the options contract
The company has received the two year plus options contract
for the M/V Highland Prince for the UK continental shelf.
The options contract
also recorded the highest ever Average Daily Open Interest of 2,456 contracts in February 2015.
The Indian rupee options contract
, which was re-introduced on July 18, traded 343 contracts.
Eric Hasham, CEO of DGCX, said: "The provision of an Indian rupee options contract
will enable us to build on the exceptional volume growth achieved by our Indian Rupee futures contract over the last 12 months and meet member demand to further strengthen our INR offering".
The Indian Rupee Options contract
which was re-introduced on July 18 traded 343 contracts.
Dubai Gold and Commodities Exchange (DGCX) announced the re-listing of its Indian Rupee Options contract
Dubai Gold and Commodities Exchange (DGCX) has announced the re-listing of its Indian Rupee Options contract
. The contract, which was temporarily suspended in 2013 to facilitate migration to a new trading infrastructure, will restart trading on 18 July.
Summary: DUBAI -- Dubai Gold and Commodities Exchange, or DGCX, started trading on its newly launched Indian Rupee Options Contract
on Monday to become the only exchange outside India to offer trading in both futures and options in the Indian currency.