Daily Settlement Price Based on trading conditions or a fair value calculation at 3:15pm Chicago Time. Final Settlement Price The final settlement price is based on the closing prices of the component stocks on the final settlement day as reported by the Bombay Stock Exchange converted into U.S. Dollars using the prevailing spot exchange rate for converting Indian Rupees to U.S. Dollars as calculated by Reuters (bid price of INR=). Fair Value Method The fair value calculation is based on the closing values of the component stocks and accounts for both the remaining time to final futures settlement, expected dividends and the prevailing spot exchange rate for converting Indian Rupees to U.S. Dollars. Trading Session 5:25pm - 4:00pm Sunday Evening through Friday, Chicago Time. Final Settlement Time 10:00am UTC Time (3:30pm Mumbai Time and 4:00am Chicago Standard Time) Last Trading Day The last trading day is the last Thursday of the month or the preceding business day. Expiration Cycle Three consecutive monthly contracts. Delivery Details Cash settled. Disclaimer Neither USFE, nor its representatives, agents, or employees are responsible for omissions contained on any pages of the USFE website, which is designed for informational purposes only and shall not constitute investment advice, nor is it intended for solicitation purposes. USFE offers services directly to USFE members. Those who desire to trade, offer, or sell any products available on the USFE market should consider the legal and regulatory requirements of those jurisdictions relevant to them, and the risks associated with such products. © U.S. Futures Exchange 2006 | ||||||||||||||||||||||||||||