Investment Products in Commodities - National Spot Exchange Limited
Investment Products in Commodities - National Spot Exchange Limited
Investment Products in Commodities - National Spot Exchange Limited
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E-series Contract Information<br />
� Duration of contract : S<strong>in</strong>gle day.<br />
� Settlement cycle: T + 2<br />
� Trad<strong>in</strong>g tim<strong>in</strong>g: 10:00 AM to 11:30 PM (Mondays through Fridays)<br />
� Commodity pay <strong>in</strong>, commodity pay out, Funds pay <strong>in</strong>, Funds Pay out : T + 2<br />
� Settlement of demat Gold/Silver/copper/ Z<strong>in</strong>c/ Lead ICIN through the CM-Pool<br />
account of members as done <strong>in</strong> stock exchanges.<br />
� Settlement <strong>in</strong> demat only, no physical delivery <strong>in</strong> the contract<br />
� Clients must open beneficiary account before trad<strong>in</strong>g <strong>in</strong> these <strong>in</strong>struments<br />
� Clients can accumulate commodities demat by buy<strong>in</strong>g <strong>in</strong> smaller denom<strong>in</strong>ations<br />
periodically and exchange it with physical commodity whenever required.<br />
� No custodial charges for stor<strong>in</strong>g commodities <strong>in</strong> demat form.<br />
www.nationalspotexchange.com
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