main content start

Settlement Price

ProductSettlementSchedule

Futures Contracts on Index or Individual Securities

Daily SettlementDaily settlement price for futures contracts shall be based on the last 30 minutes volume weighted average price of such contract across Exchanges or such other price as may be decided by the relevant authority from time to time

Un-expired illiquid futures contracts

Daily SettlementTheoretical Price computed as per formula F=S * ert
Futures & Options Contracts on IndexFinal  SettlementFinal settlement price for a Index derivative  contract shall be based on the close price of the relevant underlying index in the Exchange on the last trading day of such contract or such other price as may be decided by the relevant authority from time to time.
Futures & options Contracts on Individual SecuritiesFinal  SettlementFinal settlement price for a stock futures & option contract shall be based on the last 30 minutes volume weighted average price of the relevant underlying security across Exchanges on the last trading day of such contract or such other price as may be decided by the relevant authority from time to time.