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NATIONAL COMMODITY & DERIVATIVES EXCHANGE LIMITED

Circular to all trading and clearing members of the Exchange


Circular No
: NCDEX/FORWARD-010/2014/402
Date
: December 19, 2014
Subject
: Launch of Forward contracts Addition of Commodities
___________________________________________________________________
The Exchange is pleased to announce that, as per the Bye-laws, Rules and Regulations
of the Exchange and with the approval of the Forward Markets Commission, forward
contracts in the following commodities would be available for trading from December
22, 2014.
S. No.

Name of Commodity

Barley

Castor seed

Chana

Chilli

Coriander

Cotton seed oil cake

Crude Palm Oil

Guar Gum

Guar seed

10

Jeera

11

Rapeseed-Mustard Seed

12

Refined Soy Oil

13

Shankar Kapas

14

Soybean

15

Turmeric

16

Wheat

17

29mm Cotton

Contract design for the forward contracts of these commodities are given in Annexure
I.

1 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

The contracts and the transactions therein will be subject to Rules, Bye Laws and
Regulations of the Exchange and circulars issued by the Exchange as well as directives,
if any, issued from time to time by the Forward Markets Commission.
For and on behalf of
National Commodity & Derivatives Exchange Limited
Avinash Mohan
Executive Vice President- Business
For further information / clarifications, please contact
1. Mr. Tarun Katoch: 9574117888
2. Customer Service Group on toll free number: 1800 26 62339
Customer Service Group by e-mail to : askus@ncdex.com

2 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Annexure I
1. FOR BARLEY FORWARD CONTRACT
Transferable Specific Delivery (TSD)
Type of contract

Forward

Name of Commodity

Barley

Symbols

BRLYFPT30, BRLYFPT60, BRLYRPT

Duration of Forward Contract

For Reference price contract


Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Barley futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture mutually agreed

Damaged including Discolored (black


tipped/ black cornered only) mutually
agreed

Weeviled mutually agreed

Foreign Matter
mutually agreed

Other food grains mutually agreed

Broken Kernels mutually agreed

TCW (weight of
mutually agreed

(Extraneous

thousand

Matter)-

grains)

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
3 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery


Unit
Pricing Date

Buyer and the Exchange shall not be responsible


or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 0.50/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

4 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

5 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity

Barley

Symbols

BRLYFPNT30, BRLYFPNT60, BRLYRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Barley futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture mutually agreed

Damaged including Discolored (black


tipped/ black cornered only) mutually
agreed

Weeviled mutually agreed

Foreign Matter
mutually agreed

Other food grains mutually agreed

Broken Kernels mutually agreed

TCW (weight of
mutually agreed

(Extraneous

thousand

Matter)-

grains)

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever

6 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit

10 MT

Pricing Date

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 0.50/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

7 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

8 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

2. FOR CASTOR SEED FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Castor Seed

Symbols
Duration of Forward Contract

CTSDFPT30, CTSDFPT60, CTSDRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Castor Seed futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Oil content: Mutually Agreed

Fotri (Husk) and damaged Seeds: Mutually


Agreed

Sand, Silica And Stones: Mutually Agreed

Moisture content: Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.

9 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery location/point
Minimum Bid Quantity

Approved rake point / truck & Exchange approved


warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed

10 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quantity Variation

to the counter party as compensation and 10 %


of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

11 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols

Castor Seed
CTSDFPNT30, CTSDFPNT60,CTSDRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Castor Seed futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Oil content: Mutually Agreed

Fotri (Husk) and damaged Seeds: Mutually


Agreed

Sand, Silica And Stones: Mutually Agreed

Moisture content: Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.

12 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery location/point
Minimum Bid Quantity

Approved rake point/truck & Exchange approved


warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %

Seller Initial Margin

Incremental Margin

13 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

of the margins blocked (Initial and Incremental)


will be retained as transaction charges by the
Exchange.
- 5%
Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

14 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

3. FOR CHANA FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity
Symbols

Chana
CHNAFPT30, CHNAFPT60, CHNARPT

Duration of Forward Contract

For Reference price contract


Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Chana futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
The material should be free of Mathara and
Khesari and live infestation.

Traded Price

Basis Price

Quality Basis

Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Foreign Matter (Other than


admixture) Mutually agreed

Green
(Cotyledon
color),Immature,
Shrunken, Shriveled Seeds Mutually
agreed

Broken, Splits mutually agreed

Damaged mutually agreed

Weeviled mutually agreed

Moisture mutually agreed

Varietal admixture mutually agreed

Varietal

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
15 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery


Unit
Pricing Date

10 MT

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

16 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

17 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity

Chana

Symbols
Duration of Forward Contract

CHNAFPNT30, CHNAFPNT60, CHNARPNT


For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Chana futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
The material should be free of Mathara and
Khesari and live infestation.

Traded Price

Basis Price

Quality Basis

Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Foreign Matter (Other than


admixture) Mutually agreed

Green
(Cotyledon
color),Immature,
Shrunken, Shriveled Seeds Mutually
agreed

Broken, Splits mutually agreed

Damaged mutually agreed

Weeviled mutually agreed

Moisture mutually agreed

Varietal admixture mutually agreed

Varietal

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
18 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit

10 MT

Pricing Date

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

19 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

4. FOR CHILLI FORWARD CONTRACT


Transferable Specific Delivery (TSD)
20 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Type of contract

Forward

Name of Commodity

Chilli

Symbols
Duration of Forward Contract

CHLIFPT30, CHLIFPT60, CHLIRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Chilli Teja futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Variety Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging Type - Mutually Agreed

Packaging Size Mutually Agreed

Moisture Mutually Agreed

Foreign Matter Mutually Agreed

Unripe and
Agreed

Length Mutually Agreed

Loose Seeds Mutually Agreed

Stem/Stemless Mutually Agreed

Colour Mutually Agreed

Marked Fruits Mutually

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
5 MT
For Reference price Contract

21 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

As agreed between buyer and seller prior to trade


but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
5 MT and multiples of 5 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 2/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement
Delivery Margin

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)
The initial margin and incremental margin
blocked, if any would be converted to delivery
margin on the day of pricing the contract.

22 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

23 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols

Chilli
CHLIFPNT30, CHLIFPNT60, CHLIRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Chilli Teja futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Variety Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit

Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging Type - Mutually Agreed

Packaging Size Mutually Agreed

Moisture Mutually Agreed

Foreign Matter Mutually Agreed

Unripe and
Agreed

Length Mutually Agreed

Loose Seeds Mutually Agreed

Stem/Stemless Mutually Agreed

Colour Mutually Agreed

Marked Fruits Mutually

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
5 MT

24 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Pricing Date

Delivery location/point

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.

Minimum Bid Quantity

5 MT and multiples of 5 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 2/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Seller Initial Margin

Incremental Margin

25 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

5. FOR CORIANDER FORWARD CONTRACT


Transferable Specific Delivery (TSD)
26 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Type of contract

Forward

Name of Commodity

Coriander

Symbols
Duration of Forward Contract

DNYAFPT30, DNYAFPT60, DNYARPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Coriander futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture mutually agreed

Foreign Matter mutually agreed

Damaged & Discolored Seeds mutually


agreed

Shriveled Seeds- mutually agreed

Weevil seeds mutually agreed

Coriander splits (Dal) mutually agreed

Live infestation Not allowed

All grades superior to Badami can be


delivered.

(Foreign matter includes dust, dirt, stones, lumps,


earth, chaff, stalk, stem/straw, edible seeds of
fruits other than Coriander)

Minimum Trading / Delivery


Unit

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT

27 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Pricing Date

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

28 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

29 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Coriander
DNYAFPNT30, DNYAFPNT60, DNYARPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Coriander futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture mutually agreed

Foreign Matter mutually agreed

Damaged & Discolored Seeds mutually


agreed

Shriveled Seeds- mutually agreed

Weevil seeds mutually agreed

Coriander splits (Dal) mutually agreed

Live infestation Not allowed

All grades superior to Badami can be


delivered.

(Foreign matter includes dust, dirt, stones, lumps,


earth, chaff, stalk, stem/straw, edible seeds of
fruits other than Coriander)
Note: All mutually agreed parameters should not
be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
30 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit


Pricing Date

and Buyer and the Exchange shall not be


responsible or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.

Delivery location/point

Seller Initial Margin

Incremental Margin

31 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery logic

Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

32 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

6. FOR COTTON SEED OIL CAKE FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Cotton seed oil cake

Symbols
Duration of Forward Contract

COCDFPT30, COCDFPT60, COCDRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Undecorticated Cotton seed oil cake
futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture Content: Mutually Agreed

Oil Content: Mutually Agreed

Fibre: Mutually Agreed

Sand and Silica: Mutually Agreed

Protein: Mutually Agreed

Colour : Greenish yellow

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract

33 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

As agreed between buyer and seller but not more


than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

34 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

35 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols

Cotton seed oil cake


COCDFPNT30, COCDFPNT60, COCDRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Undecorticated Cotton seed oil cake
futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture Content: Mutually Agreed

Oil Content: Mutually Agreed

Fibre: Mutually Agreed

Sand and Silica: Mutually Agreed

Protein: Mutually Agreed

Colour : Greenish yellow

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of

36 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

trade and not more than 180 calendar days from


date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.

Delivery location/point

Seller Initial Margin

Incremental Margin

37 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

38 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

7. FOR CRUDE PALM OIL FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Crude Palm Oil

Symbols
Duration of Forward Contract

CPOFPT30, CPOFPT60, CPORPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Crude Palm Oil futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture & Impurities : mutually agreed


but not more than 0.25 %

Refractive Index, 50C 1.4491-1.4552

Specific Gravity, 42C 0.895-0.897

Saponification Value 195-205

Iodine Value 45-56

Unsaponification Value : mutually agreed


but not more than 1.2 %

Melting Point, Capillary Slip Method :


mutually agreed but not more than 37C

FFA : mutually agreed but not more than 5


%

Acid Value: mutually agreed but not more


than 10%

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
39 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery


Unit
Pricing Date

Buyer and the Exchange shall not be responsible


or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per 10 kg

Tick size

5 paise

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

40 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Buyer Pay-in

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)
The initial margin and incremental margin
blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.

Delivery Margin

10 A.M. to 8 P.M.
Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

41 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Crude Palm Oil


CPOFPNT30, CPOFPNT60, CPORPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Crude Palm Oil futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture & Impurities : mutually agreed


but not more than 0.25 %

Refractive Index, 50C 1.4491-1.4552

Specific Gravity, 42C 0.895-0.897

Saponification Value 195-205

Iodine Value 45-56

Unsaponification Value : mutually agreed


but not more than 1.2 %

Melting Point, Capillary Slip Method :


mutually agreed but not more than 37C

FFA : mutually agreed but note more than


5%

Acid Value: mutually agreed but not more


than 10%

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
42 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit


Pricing Date

that regard will be that of the respective Seller


and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per 10 kg

Tick size

5 paise

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.

Delivery location/point

Seller Initial Margin

Incremental Margin

43 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery logic

Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

8. FOR GUAR GUM FORWARD CONTRACT


Transferable Specific Delivery (TSD)
44 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Type of contract

Forward

Name of Commodity

Guar Gum

Symbols
Duration of Forward Contract

GRGMFPT30, GRGMFPT60, GRGMRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Guar Gum futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Residue
agreed

Protein mutually agreed

Undehusked Splits mutually agreed

Black, dark red and brown coloured splits


mutually agreed

Through 14" mesh mutually agreed

Through 20" mesh mutually agreed

Moisture mutually agreed

Foreign Particles (all non-gum particles)mutually agreed

insoluble

in

Acid

mutually

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT
For Reference price Contract

45 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

As agreed between buyer and seller prior to trade


but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 10/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.

46 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

47 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols

Guar Gum
GRGMFPNT30, GRGMFPNT60, GRGMRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Guar Gum futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Residue insoluble in Acid mutually


agreed

Protein mutually agreed

Undehusked Splits mutually agreed

Black, dark red and brown coloured splits


mutually agreed

Through 14" mesh mutually agreed

Through 20" mesh mutually agreed

Moisture mutually agreed

Foreign Particles (all non gum particles)mutually agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever

48 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit


Pricing Date

10 MT

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 10/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

49 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

50 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

9. FOR GUAR SEED FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Guar Seed

Symbols
Duration of Forward Contract

GRSDFPT30, GRSDFPT60, GRSDRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Guar Seed 10 MT futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Delivery location/point

Location - Mutually Agreed

Packaging- Mutually Agreed

Whitish mutually agreed

Foreign Matter mutually agreed

Damaged seed mutually agreed

Moisture mutually agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.

51 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)

52 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quantity Variation

will be retained as transaction charges by the


Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

53 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Guar Seed
GRSDFPNT30, GRSDFPNT60, GRSDRPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Guar Seed 10 MT futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Whitish mutually agreed

Foreign Matter mutually agreed

Damaged seed mutually agreed

Moisture mutually agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.

54 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery location/point

Approved rake point/truck & Exchange approved


warehouse as mutually agreed within 100 km of
agreed location.

Minimum Bid Quantity

10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed

Seller Initial Margin

Incremental Margin

55 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

to the counter party as compensation and 10 %


of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%
Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

10.FOR JEERA FORWARD CONTRACT


Transferable Specific Delivery (TSD)
56 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Type of contract

Forward

Name of Commodity

Jeera

Symbols
Duration of Forward Contract

JERAFPT30, JERAFPT60, JERARPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Jeera futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Foreign matter- mutually agreed

Seed with stalks- mutually agreed

Damaged, discolored, shriveled


immature seeds mutually agreed

Insect damaged matter- mutually agreed

Test weight (on count basis)- mutually


agreed

Moisture- mutually agreed

Foreign matter includes anything other


than Jeera seeds e.g. sand, silica, pebbles,
and other edible/non edible seeds.

and

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
3 MT
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade

57 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

For Fixed price Contract


As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
3 MT and multiples of 3 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 5/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Buyer Pay-in

58 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

59 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Jeera
JERAFPNT30, JERAFPNT60, JERARPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Jeera futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Foreign matter- mutually agreed

Seed with stalks- mutually agreed

Damaged, discolored, shriveled


immature seeds mutually agreed

Insect damaged matter- mutually agreed

Test weight (on count basis)- mutually


agreed

Moisture- mutually agreed

Foreign matter includes anything other


than Jeera seeds e.g. sand, silica, pebbles,
and other edible/non edible seeds.

and

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
Minimum Trading / Delivery Unit

3 MT

60 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Pricing Date

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
3 MT and multiples of 3 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 5/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery location/point

Seller Initial Margin

Incremental Margin

61 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

62 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

11.FOR RAPESEED-MUSTARD SEED FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Rapeseed-Mustard Seed

Symbols
Duration of Forward Contract

RMSDFPT30, RMSDFPT60, RMSDRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract
NCDEX Rapeseed-Mustard seed futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture content: Mutually Agreed

Oil Content (at 5% moisture content level)


: Mutually Agreed

FFA%: Mutually Agreed

Foreign Matter: Mutually Agreed

Damaged or Shriveled or discolored seeds:


Mutually Agreed

Insect damaged matter: Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract

63 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

As agreed between buyer and seller but not more


than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

64 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

65 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Rapeseed-Mustard Seed
RMSDFPNT30, RMSDFPNT60, RMSDRPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Rapeseed-Mustard Seed futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture content: Mutually Agreed

Oil Content (at 5% moisture content level)


: Mutually Agreed

FFA%: Mutually Agreed

Foreign Matter: Mutually Agreed

Damaged or Shriveled or discolored seeds:


Mutually Agreed

Insect damaged matter: Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of

66 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery location/point

trade and not more than 180 calendar days from


date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.

Minimum Bid Quantity

10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.

Seller Initial Margin

Incremental Margin

67 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

68 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

12.FOR REFINED SOY OIL FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Refined Soy Oil

Symbols
Duration of Forward Contract

RSOFPT30, RSOFPT60, RSORPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Refined Soy Oil futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture & insoluble impurities : mutually


agreed but not more than 0.10%

Color, " cell, Lovibond Y+5R: mutually


agreed but not more than 4 %

Refractive Index at 40C: 1.4650-1.4710

Specific Gravity at 30C 25/25: 0.9170.921

Saponification Value: 189-195

Iodine Value (Wijs): 120-141

Unsaponifiable matter : mutually agreed


but not more than 1.5 % by mass

FFA : mutually agreed but not more than


0.25 %

Hexane mutually agreed but Not more


than 5 ppm

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
69 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery


Unit
Pricing Date

that regard will be that of the respective Seller and


Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per 10 kg

Tick size

Rs 0.05

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

70 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

71 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols

Refined Soy Oil


RSOFPNT30, RSOFPNT60, RSORPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Refined Soy Oil futures contract
For Fixed price contract
Price agreed at time of trade

Traded Price

Basis Price

Quality Basis

Bid & Offer Parameters


Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture & insoluble impurities : mutually


agreed but not more than 0.10%

Color, " cell, Lovibond Y+5R: mutually


agreed but not more than 4 %

Refractive Index at 40C: 1.4650-1.4710

Specific Gravity at 30C 25/25: 0.9170.921

Saponification Value: 189-195

Iodine Value (Wijs): 120-141

Unsaponifiable matter : mutually agreed


but not more than 1.5 % by mass

FFA : mutually agreed but not more than


0.25 %

Hexane mutually agreed but Not more


than 5 ppm

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
72 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit


Pricing Date

of all Laws including that of FSSAI standards in


that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per 10 kg

Tick size

Rs 0.05

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the

Delivery location/point

Seller Initial Margin

Incremental Margin

73 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery logic

outstanding obligations based on the volatility and


at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

74 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

13.FOR SHANKAR KAPAS FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Shankar Kapas

Symbols

SNKRFPT30, SNKRFPT60, SNKRRPT

Duration of Forward Contract

For Reference price contract


Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Shankar Kapas futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Staple Length Mutually Agreed

Outturn Mutually Agreed

Trash Content Mutually Agreed

Micronnaire Mutually Agreed

Strength Mutually Agreed

Moisture Mutually Agreed

Reflectance Mutually Agreed

Yellowness Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
1 lot (200 maunds of 20 kg each i.e. 4 MT)
For Reference price Contract

75 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quotation/base value

As agreed between buyer and seller prior to trade


but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
1 lot (200 maunds of 20 kg each i.e. 4 MT) and
multiples of 1 lot thereafter
Rs. Per 20 kg

Tick size

50 paisa

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point
Minimum Bid Quantity

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement
Delivery Margin

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)
The initial margin and incremental margin
blocked, if any would be converted to delivery
margin on the day of pricing the contract.

76 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

77 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Shankar Kapas
SNKRFPNT30, SNKRFPNT60, SNKRRPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Shankar Kapas futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Staple Length Mutually Agreed

Outturn Mutually Agreed

Trash Content Mutually Agreed

Micronnaire Mutually Agreed

Strength Mutually Agreed

Moisture Mutually Agreed

Reflectance Mutually Agreed

Yellowness Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
1 lot (200 maunds of 20 kg each i.e. 4 MT)
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of

78 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quotation/base value

trade and not more than 180 calendar days from


date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
1 lot (200 maunds of 20 kg each i.e. 4 MT) and
multiples of 1 Lot thereafter
Rs per 20 Kg

Tick size

50 paise

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.

Delivery location/point
Minimum Bid Quantity

Seller Initial Margin

Incremental Margin

79 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

80 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

14.FOR SOYBEAN FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Soybean

Symbols
Duration of Forward Contract

SYBNFPT30, SYBNFPT60, SYBNRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Soybean futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Delivery location/point

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture: Mutually Agreed

Foreign matter Mutually Agreed

Damaged Seed Mutually Agreed

Green Seed Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
10 MT
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.

81 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)

82 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Quantity Variation

will be retained as transaction charges by the


Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

83 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols

Soybean
SYBNFPNT30, SYBNFPNT60, SYBNRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Soybean futures contract
For Fixed price contract
Price agreed at time of trade

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Bid & Offer Parameters


Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Moisture: Mutually Agreed

Foreign matter Mutually Agreed

Damaged Seed Mutually Agreed

Green Seed Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract

84 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

As agreed between buyer and seller but not less


than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Delivery location/point

Seller Initial Margin

Incremental Margin

85 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer / Seller Default

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%
Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

86 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

15.FOR TURMERIC FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity

Turmeric

Symbols
Duration of Forward Contract

TMCFPT30, TMCFPT60, TMCRPT


For Reference price contract
Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Turmeric futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Turmeric type- mutually agreed

Polished/Unpolished- mutually agreed

Variety- mutually agreed

Inferior quality (Chora/atthu finger, khota


gatha, markha) mutually agreed

Lokhandi (Damaged due to moisture)mutually agreed

Turmeric length- mutually agreed

Over boiled (Kadh)- mutually agreed

Bulb % - mutually agreed

Moisture- mutually agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
87 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery


Unit
Pricing Date

5 MT

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
5 MT and multiples of 5 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 2/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

88 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

89 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity
Symbols
Duration of Forward Contract

Traded Price

Basis Price

Quality Basis

Turmeric
TMCFPNT30, TMCFPNT60, TMCRPNT
For Reference price contract
Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Turmeric futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Location - Mutually Agreed

Packaging- Mutually Agreed

Turmeric type- mutually agreed

Polished/Unpolished- mutually agreed

Variety- mutually agreed

Inferior quality (Chora/atthu finger, khota


gatha, markha) mutually agreed

Lokhandi (Damaged due to moisture)mutually agreed

Turmeric length- mutually agreed

Over boiled (Kadh)- mutually agreed

Bulb % - mutually agreed

Moisture- mutually agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
90 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit


Pricing Date

5 MT

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
5 MT and multiples of 5 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 2/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

91 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

16.FOR WHEAT FORWARD CONTRACT


Transferable Specific Delivery (TSD)
92 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Type of contract

Forward

Name of Commodity

Wheat

Symbols

WHETFPT30, WHETFPT60, WHETRPT

Duration of Forward Contract

For Reference price contract


Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Wheat futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Damaged Kernel (Other than infestation


damaged) mutually agreed

Infestation damaged Kernel mutually


agreed

Foreign Matter
mutually agreed

Other edible grains mutually agreed

Shrunken / Shriveled / Broken grains (not


damaged) mutually agreed

Total defects sum of : a) Foreign Matter b)


Other edible grains c) Damaged Kernel
(Other than infestation damaged) d)
Shrunken/Shriveled/Broken grains (not
damaged) - mutually agreed

Moisture mutually agreed

Test Weight mutually agreed

(Organic/Inorganic)

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
93 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery


Unit
Pricing Date

Buyer and the Exchange shall not be responsible


or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference price Contract


As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract
As agreed between buyer and seller but not more
than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic

94 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Settlement

Buyer Pay-in

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)
The initial margin and incremental margin
blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.

Delivery Margin

10 A.M. to 8 P.M.
Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

95 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity

Wheat

Symbols

WHETFPNT30, WHETFPNT60, WHETRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX Wheat futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Location - Mutually Agreed

Packaging- Mutually Agreed

Damaged Kernel (Other than infestation


damaged) mutually agreed

Infestation damaged Kernel mutually


agreed

Foreign Matter
mutually agreed

Other edible grains mutually agreed

Shrunken / Shriveled / Broken grains (not


damaged) mutually agreed

Total defects sum of : a) Foreign Matter b)


Other edible grains c) Damaged Kernel
(Other than infestation damaged) d)
Shrunken/Shriveled/Broken grains (not
damaged) - mutually agreed

Moisture mutually agreed

Test Weight mutually agreed

(Organic/Inorganic)

96 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Trading / Delivery Unit


Pricing Date

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
10 MT

Minimum Bid Quantity

For Reference Price Contract


As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of
trade and not more than 180 calendar days from
date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
10 MT and multiples of 10 MT thereafter

Quotation/base value

Rs per quintal

Tick size

Re 1/- per quintal

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the

Delivery location/point

Seller Initial Margin

Incremental Margin

97 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Delivery logic

incremental margins to be brought in on the


outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

98 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

17.FOR 29mm COTTON FORWARD CONTRACT


Transferable Specific Delivery (TSD)
Type of contract
Forward
Name of Commodity
Symbols

29mm Cotton
29CTFPT30, 29CTFPT60, 29CTRPT

Duration of Forward Contract

For Reference price contract


Maximum : 180 calendar days
For Fixed price contract
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX 29mm Cotton futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery


Unit
Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Staple Length: Mutually Agreed

Micronaire: Mutually Agreed

Trash: Mutually Agreed

Strength: Mutually Agreed

Color Grade: Mutually Agreed

Moisture: Mutually Agreed

SFI: Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller and
Buyer and the Exchange shall not be responsible
or liable in any manner whatsoever
100 bales
For Reference price Contract
As agreed between buyer and seller prior to trade
but not more than 180 calendar days from date of
trade
For Fixed price Contract

99 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

As agreed between buyer and seller but not more


than 60 calendar days.
Approved rake point / truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
100 bales and multiples of 100 bales thereafter

Quotation/base value

Rs per bale

Tick size

Re 10/- per bale

Buyer Initial Margin

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Delivery location/point

Seller Initial Margin

Incremental Margin

Delivery logic
Settlement

Transferable Specific Delivery (TSD - End of day


position shall result in delivery)

Delivery Margin
Buyer Pay-in

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.
Second working day from pricing date

Delivery of goods

10 working days from pay in

100 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer / Seller Default

Quantity Variation

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Trade Timings

Monday to Friday.
10 A.M. to 8 P.M.

Price Limits

No price Limits

Transaction Charges

Both Buyer and Seller shall pay transaction


charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

101 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Non-Transferable Specific Delivery (NTSD)


Type of contract
Forward
Name of Commodity

29mm Cotton

Symbols

29CTFPNT30, 29CTFPNT60, 29CTRPNT

Duration of Forward Contract

For Reference price contract


Minimum : 12 calendar days
Maximum : 180 calendar days
For Fixed price contract
Minimum : 12 calendar days
Maximum of 60 calendar days
For Reference price contract.
Premium / Discount over Basis Price
For Fixed price contract
Basis Price
For Reference price contract.
NCDEX 29mm Cotton futures contract
For Fixed price contract
Price agreed at time of trade
Bid & Offer Parameters
Pricing Date Mutually Agreed

Traded Price

Basis Price

Quality Basis

Minimum Trading / Delivery Unit


Pricing Date

Location - Mutually Agreed

Packaging- Mutually Agreed

Staple Length: Mutually Agreed

Micronaire: Mutually Agreed

Trash: Mutually Agreed

Strength: Mutually Agreed

Color Grade: Mutually Agreed

Moisture: Mutually Agreed

SFI: Mutually Agreed

Note: All mutually agreed parameters should not


be violative of any applicable law and compliance
of all Laws including that of FSSAI standards in
that regard will be that of the respective Seller
and Buyer and the Exchange shall not be
responsible or liable in any manner whatsoever
100 bales
For Reference Price Contract
As agreed between buyer and seller prior to trade
but not less than 12 calendar days from date of

102 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Minimum Bid Quantity

trade and not more than 180 calendar days from


date of trade
For Fixed Price Contract
As agreed between buyer and seller but not less
than 12 calendar days and not more than 60
calendar days.
Approved rake point/truck & Exchange approved
warehouse as mutually agreed within 100 km of
agreed location.
100 bales and multiples of 100 bales thereafter

Quotation/base value

Rs per bale

Tick size

Re 10/- per bale

Buyer Initial Margin

Delivery logic

Reference Price Contracts: 5 % of the trade value


determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts: 5 % of the trade value
determined based on the Trade Price and Basis
Price
Fixed Price Contracts: 7.5 % of the trade value in
case of priced contracts of duration upto 30 days
and 10 % for duration beyond 30 days and upto
60 days.
Reference Price Contracts:
Recomputed every Monday and the Exchange
would make a call for Incremental Margin based
on price movement.
In case the linked futures price has moved more
than 3 % from the day of trade, incremental
margin would be recomputed earlier than the next
Monday and if required at greater frequency
intervals.
Fixed Price Contracts: In case of fixed price
contracts, the Exchange shall intimate the
incremental margins to be brought in on the
outstanding obligations based on the volatility and
at a frequency determined by the Exchange.
Compulsory Delivery

Settlement

Non-transferable Specific Delivery (NTSD)

Delivery Margin

The initial margin and incremental margin


blocked, if any would be converted to delivery
margin on the day of pricing the contract.

Delivery location/point

Seller Initial Margin

Incremental Margin

103 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Buyer Pay-in

Second working day from pricing date

Delivery of goods

10 working days from pay in

Buyer / Seller Default

90 % of the margins blocked (Initial and


Incremental) from defaulting party will be passed
to the counter party as compensation and 10 %
of the margins blocked (Initial and Incremental)
will be retained as transaction charges by the
Exchange.
- 5%

Quantity Variation
Trade Timings
Price Limits
Transaction Charges

Monday to Friday.
10 A.M. to 8 P.M.
No price Limits
Both Buyer and Seller shall pay transaction
charges to the Exchange. The transaction charges
are 0.10% of trade value plus applicable service
tax.

The participants shall be liable for all taxes and other regulatory requirements of State/
Central laws in relation to the forward contracts undertaken by them.
As this is a compensation guarantee contract it is deemed that the Participant/s
entering into this contract has/have indemnified the Exchange (NCDEX), protect, and
hold harmless the Exchange, its directors, officers, affiliates, employees and agents
from and against any and all losses, liabilities, judgments, suits, actions, proceedings,
claims, damages, costs (including legal costs) resulting from the trade in the Forward
contracts undertaken by them on the Exchange platform.
In case either the buyer or the seller fails to provide towards an incremental margin
call the concerned party shall be granted a grace period of 2 additional working days.
In case the buyer / seller has still not provided for the same, the trade shall be deemed
to be cancelled and the margin blocked amount shall be forfeited. 90 % of such amount
collected from the defaulting party shall be paid as compensation to the counterparty
and 10 % shall be retained by the Exchange as transaction charges.

104 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Symbol Description

Commodity

Symbol

Barley

BRLYFPT30

Barley

BRLYFPT60

Barley
Barley

BRLYRPT
BRLYFPNT30

Barley

BRLYFPNT60

Barley

BRLYRPNT

Castor Seed

CTSDFPT30

Castor Seed

CTSDFPT60

Castor Seed

CTSDRPT

Castor Seed

CTSDFPNT30

Castor Seed

CTSDFPNT60

Castor Seed

CTSDRPNT

Chana

CHNAFPT30

Chana

CHNAFPT60

Chana
Chana

CHNARPT
CHNAFPNT30

Chana

CHNAFPNT60

Chana

CHNARPNT

Chilli

CHLIFPT30

Chilli

CHLIFPT60

Chilli
Chilli

CHLIRPT
CHLIFPNT30

Chilli

CHLIFPNT60

Chilli

CHLIRPNT

Coriander

DNYAFPT30

Symbol Description
Barley Fixed Price Transferable Upto 30 days
contract
Barley Fixed Price Transferable Upto 60 days
contract
Barley Reference Price Transferable Contract
Barley Fixed Price Non-Transferable Upto 30
days contract
Barley Fixed Price Non-Transferable Upto 60
days contract
Barley Reference Price Non-Transferable
Contract
Castor Seed Fixed Price Transferable Upto 30
days contract
Castor Seed Fixed Price Transferable Upto 60
days contract
Castor Seed Reference Price Transferable
Contract
Castor Seed Fixed Price Non-Transferable
Upto 30 days contract
Castor Seed Fixed Price Non-Transferable
Upto 60 days contract
Castor
Seed
Reference
Price
NonTransferable Contract
Chana Fixed Price Transferable Upto 30 days
contract
Chana Fixed Price Transferable Upto 60 days
contract
Chana Reference Price Transferable Contract
Chana Fixed Price Non-Transferable Upto 30
days contract
Chana Fixed Price Non-Transferable Upto 60
days contract
Chana Reference Price Non-Transferable
Contract
Chilli Fixed Price Transferable Upto 30 days
contract
Chilli Fixed Price Transferable Upto 60 days
contract
Chilli Reference Price Transferable Contract
Chilli Fixed Price Non-Transferable Upto 30
days contract
Chilli Fixed Price Non-Transferable Upto 60
days contract
Chilli Reference Price Non-Transferable
Contract
Coriander Fixed Price Transferable Upto 30
days contract

105 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Coriander

DNYAFPT60

Coriander

DNYARPT

Coriander

DNYAFPNT30

Coriander

DNYAFPNT60

Coriander

DNYARPNT

Cotton Seed Oil Cake

COCDFPT30

Cotton Seed Oil Cake

COCDFPT60

Cotton Seed Oil Cake

COCDRPT

Cotton Seed Oil Cake

COCDFPNT30

Cotton Seed Oil Cake

COCDFPNT60

Cotton Seed Oil Cake

COCDRPNT

Crude Palm Oil

CPOFPT30

Crude Palm Oil

CPOFPT60

Crude Palm Oil

CPORPT

Crude Palm Oil

CPOFPNT30

Crude Palm Oil

CPOFPNT60

Crude Palm Oil

CPORPNT

Guar Gum

GRGMFPT30

Guar Gum

GRGMFPT60

Guar Gum

GRGMRPT

Guar Gum

GRGMFPNT30

Guar Gum

GRGMFPNT60

Guar Gum

GRGMRPNT

Guar Seed

GRSDFPT30

Guar Seed

GRSDFPT60

Coriander Fixed Price Transferable Upto 60


days contract
Coriander Reference Price Transferable
Contract
Coriander Fixed Price Non-Transferable Upto
30 days contract
Coriander Fixed Price Non-Transferable Upto
60 days contract
Coriander Reference Price Non-Transferable
Contract
Cotton
Seed
Oil
Cake
Fixed
Price
Transferable Upto 30 days contract
Cotton
Seed
Oil
Cake
Fixed
Price
Transferable Upto 60 days contract
Cotton Seed Oil Cake Reference Price
Transferable Contract
Cotton Seed Oil Cake Fixed Price NonTransferable Upto 30 days contract
Cotton Seed Oil Cake Fixed Price NonTransferable Upto 60 days contract
Cotton Seed Oil Cake Reference Price NonTransferable Contract
Crude Palm Oil Fixed Price Transferable Upto
30 days contract
Crude Palm Oil Fixed Price Transferable Upto
60 days contract
Crude Palm Oil Reference Price Transferable
Contract
Crude Palm Oil Fixed Price Non-Transferable
Upto 30 days contract
Crude Palm Oil Fixed Price Non-Transferable
Upto 60 days contract
Crude Palm Oil Reference Price NonTransferable Contract
Guar Gum Fixed Price Transferable Upto 30
days contract
Guar Gum Fixed Price Transferable Upto 60
days contract
Guar Gum Reference Price Transferable
Contract
Guar Gum Fixed Price Non-Transferable Upto
30 days contract
Guar Gum Fixed Price Non-Transferable Upto
60 days contract
Guar Gum Reference Price Non-Transferable
Contract
Guar Seed Fixed Price Transferable Upto 30
days contract
Guar Seed Fixed Price Transferable Upto 60
days contract

106 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Guar Seed

GRSDRPT

Guar Seed

GRSDFPNT30

Guar Seed

GRSDFPNT60

Guar Seed

GRSDRPNT

Jeera

JERAFPT30

Jeera

JERAFPT60

Jeera
Jeera

JERARPT
JERAFPNT30

Jeera

JERAFPNT60

Jeera

JERARPNT

Rapeseed-Mustard
Seed
Rapeseed-Mustard
Seed
Rapeseed-Mustard
Seed
Rapeseed-Mustard
Seed
Rapeseed-Mustard
Seed
Rapeseed-Mustard
Seed
Refined Soy Oil

RMSDFPT30

Refined Soy Oil

RSOFPT60

Refined Soy Oil

RSORPT

Refined Soy Oil

RSOFPNT30

Refined Soy Oil

RSOFPNT60

Refined Soy Oil

RSORPNT

Shankar Kapas

SNKRFPT30

Shankar Kapas

SNKRFPT60

Shankar Kapas

SNKRRPT

RMSDFPT60
RMSDRPT
RMSDFPNT30
RMSDFPNT60
RMSDRPNT
RSOFPT30

Guar Seed Reference Price Transferable


Contract
Guar Seed Fixed Price Non-Transferable
Upto 30 days contract
Guar Seed Fixed Price Non-Transferable
Upto 60 days contract
Guar Seed Reference Price Non-Transferable
Contract
Jeera Fixed Price Transferable Upto 30 days
contract
Jeera Fixed Price Transferable Upto 60 days
contract
Jeera Reference Price Transferable Contract
Jeera Fixed Price Non-Transferable Upto 30
days contract
Jeera Fixed Price Non-Transferable Upto 60
days contract
Jeera Reference Price Non-Transferable
Contract
Rapeseed-Mustard
Seed
Fixed
Price
Transferable Upto 30 days contract
Rapeseed-Mustard
Seed
Fixed
Price
Transferable Upto 60 days contract
Rapeseed-Mustard Seed Reference Price
Transferable Contract
Rapeseed-Mustard Seed Fixed Price NonTransferable Upto 30 days contract
Rapeseed-Mustard Seed Fixed Price NonTransferable Upto 60 days contract
Rapeseed-Mustard Seed Reference Price
Non-Transferable Contract
Refined Soy Oil Fixed Price Transferable Upto
30 days contract
Refined Soy Oil Fixed Price Transferable Upto
60 days contract
Refined Soy Oil Reference Price Transferable
Contract
Refined Soy Oil Fixed Price Non-Transferable
Upto 30 days contract
Refined Soy Oil Fixed Price Non-Transferable
Upto 60 days contract
Refined Soy Oil Reference Price NonTransferable Contract
Shankar Kapas Fixed Price Transferable Upto
30 days contract
Shankar Kapas Fixed Price Transferable Upto
60 days contract
Shankar Kapas Reference Price Transferable
Contract

107 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

Shankar Kapas

SNKRFPNT30

Shankar Kapas

SNKRFPNT60

Shankar Kapas

SNKRRPNT

Soybean

SYBNFPT30

Soybean

SYBNFPT60

Soybean

SYBNRPT

Soybean

SYBNFPNT30

Soybean

SYBNFPNT60

Soybean

SYBNRPNT

Turmeric

TMCFPT30

Turmeric

TMCFPT60

Turmeric

TMCRPT

Turmeric

TMCFPNT30

Turmeric

TMCFPNT60

Turmeric

TMCRPNT

Wheat

WHETFPT30

Wheat

WHETFPT60

Wheat
Wheat

WHETRPT
WHETFPNT30

Wheat

WHETFPNT60

Wheat

WHETRPNT

29mm Cotton

29CTFPT30

29mm Cotton

29CTFPT60

29mm Cotton

29CTRPT

29mm Cotton

29CTFPNT30

Shankar Kapas Fixed Price Non-Transferable


Upto 30 days contract
Shankar Kapas Fixed Price Non-Transferable
Upto 60 days contract
Shankar Kapas Reference Price NonTransferable Contract
Soybean Fixed Price Transferable Upto 30
days contract
Soybean Fixed Price Transferable Upto 60
days contract
Soybean Reference Price Transferable
Contract
Soybean Fixed Price Non-Transferable Upto
30 days contract
Soybean Fixed Price Non-Transferable Upto
60 days contract
Soybean Reference Price Non-Transferable
Contract
Turmeric Fixed Price Transferable Upto 30
days contract
Turmeric Fixed Price Transferable Upto 60
days contract
Turmeric Reference Price Transferable
Contract
Turmeric Fixed Price Non-Transferable Upto
30 days contract
Turmeric Fixed Price Non-Transferable Upto
60 days contract
Turmeric Reference Price Non-Transferable
Contract
Wheat Fixed Price Transferable Upto 30 days
contract
Wheat Fixed Price Transferable Upto 60 days
contract
Wheat Reference Price Transferable Contract
Wheat Fixed Price Non-Transferable Upto 30
days contract
Wheat Fixed Price Non-Transferable Upto 60
days contract
Wheat Reference Price Non-Transferable
Contract
29mm Cotton Fixed Price Transferable Upto
30 days contract
29mm Cotton Fixed Price Transferable Upto
60 days contract
29mm Cotton Reference Price Transferable
Contract
29mm Cotton Fixed Price Non-Transferable
Upto 30 days contract

108 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com

29mm Cotton

29CTFPNT60

29mm Cotton

29CTRPNT

29mm Cotton Fixed Price Non-Transferable


Upto 60 days contract
29mm Cotton Reference Price NonTransferable Contract

109 / 109
Registered Office: 1st Floor, Akruti Corporate Park, Near G.E. Garden, LBS Road,
Kanjurmarg West, Mumbai 400 078, India. CIN No. U51909MH2003PLC140116
Phone: +91-22-6640 6789, Fax +91-22-6640 6899, Website: www.ncdex.com