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When do currency options settle?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

The option contract would expire on the last working day (except Saturdays) of the contract month. The last working day is the same day as for interbank settlement in Mumbai. The rules for interbank settlement, including the rules for 'known holidays' and 'subsequently declared holidays', are as per the rules laid down by FEDAI.


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