n NISM Certifications
NSM General NISM
Medium

When does GBPINR futures contract stop trading on expiry day?

Practice question from NISM Series I - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    4.30 pm

  2. B

    5.30 pm

  3. 12.30 pm

    Correct answer

  4. D

    11.30 am

Why this is the answer

Last trading day is two working days before expiry, ending at 12:30 pm.

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