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Four ways to trade the day.

SigmaFX is a focused derivatives desk — NSE index & stock futures and options, MCX commodities, and GIFT Nifty on NSE IX. Real depth and zero brokerage on every order. No equity cash segment.

FUT

NSE Futures

Index and stock futures on the NSE F&O segment — Nifty, Bank Nifty, FinNifty and single stocks. Live depth, zero brokerage, auto-rollover.

Open NSE Futures
OPT

NSE Options

Index and stock options — CE and PE across weekly and monthly expiries. Full option chain, zero brokerage, with charges shown before you confirm.

Open NSE Options
MCX

MCX Commodities

Gold, silver, crude oil and natural gas futures on the MCX — the commodity session running late into the night, with zero brokerage.

Open MCX Commodities
GIFT

GIFT Nifty

Nifty futures on NSE IX at GIFT City — nearly round-the-clock, bridging the overnight global move into the Indian morning open.

Open GIFT Nifty
In plain English

Futures, options, MCX or GIFT — which is which?

FUT

NSE Futures

A contract to buy or sell an index or stock at a set price for a future expiry — Nifty, Bank Nifty, FinNifty and single stocks. Traded by the lot with margin; rolls forward to the next expiry.

OPT

NSE Options

Call (CE) and put (PE) options across weekly and monthly expiries, on indices and stocks. Buy a view with defined cost, from the full option chain — with zero brokerage.

MCX

MCX Commodities

Gold, silver, crude oil and natural gas futures on the Multi Commodity Exchange — the session that runs late into the night, with zero brokerage and clear margins.

GIFT

GIFT Nifty

Nifty futures on NSE IX at GIFT City, trading nearly round-the-clock — bridging the overnight global move into the Indian morning open, from the same account.

Contract specs

What trades, and when

The reference for each segment — exchange, sessions, lot basis, expiries and settlement — so you know what you're taking on before you open the ticket.

FUT · NSE · F&O (NFO)

NSE Futures

A futures contract commits you to buy or sell an index or stock at a set price for a future expiry. You trade it by the lot with margin, so a small move in the underlying is magnified — in both directions. Most traders square off or roll to the next expiry rather than carry to settlement.

NIFTYBANKNIFTYFINNIFTYMIDCPNIFTYSingle-stock futures
  • Go long or short the index or a single stock from one ticket.
  • Leveraged: you post margin, not the full contract value.
  • Auto-rollover support to carry a view into the next expiry.
  • Cash-settled on index futures — no delivery to handle.
Exchange & segmentNSE — Futures & Options (NFO)
Session (IST)09:15 – 15:30, Monday to Friday
Contract typeIndex futures & stock futures
Quantity basisExchange-set lot (e.g. one NIFTY lot ≈ 75 units*)
Tick size₹0.05
ExpiriesMonthly (and select index weekly)*
MarginSPAN + exposure, shown live on the ticket
SettlementIndex cash-settled; square off or roll before expiry
OPT · NSE · F&O (NFO)

NSE Options

An option gives the right — not the obligation — to buy (CE) or sell (PE) the underlying at a strike price by expiry. Buying an option caps your risk at the premium paid while keeping the upside of a directional view. The full option chain, strikes and expiries are in the terminal, with zero brokerage.

NIFTY optionsBANKNIFTY optionsFINNIFTY optionsStock options
  • Buy a call or put with cost capped at the premium you pay.
  • Full option chain — every strike and expiry, weekly and monthly.
  • Zero brokerage; margin and statutory charges itemised before you confirm.
  • Pair with futures for hedges and spreads from one account.
Exchange & segmentNSE — Futures & Options (NFO)
Session (IST)09:15 – 15:30, Monday to Friday
Contract typeCall (CE) and Put (PE) options
Quantity basisSame lot as the underlying future*
Premium quotePer unit; charged and settled per lot
ExpiriesWeekly (index) and monthly*
MarginFull premium to buy; SPAN+exposure to write
SettlementCash-settled on expiry at intrinsic value
MCX · MCX

MCX Commodities

MCX futures let you trade the price of gold, silver, crude oil, natural gas and base metals by the lot. The commodity session runs far later than equities, so global cues in bullion and energy are tradeable into the night. Positions are squared off before expiry — there is no physical delivery to manage.

GOLD / GOLD MINISILVER / SILVER MINICRUDEOILNATURALGASCOPPER · ZINC · ALUMINIUM
  • Bullion, energy and base metals from one login.
  • A session that runs late — trade the overnight global move.
  • Mini and micro contracts for smaller lot sizes on key commodities.
  • Zero brokerage, with margins shown before every order.
ExchangeMulti Commodity Exchange (MCX)
Session (IST)09:00 – 23:30 (to 23:55 in US daylight time)*
Contract typeCommodity futures
Quantity basisPer-commodity lot (e.g. Crude Oil = 100 barrels*)
Tick sizeVaries by commodity
ExpiriesMonthly, per the MCX contract calendar*
MarginSPAN + exposure, shown live on the ticket
SettlementSquare off before expiry; no delivery to handle
GIFT · NSE IX · GIFT City (IFSC)

GIFT Nifty

GIFT Nifty is the Nifty 50 futures contract traded on NSE's International Exchange at GIFT City. It trades for roughly 21 hours a day across two sessions, so it reflects the overnight global move and often sets the tone for the Indian cash-market open. Traders use it to take or hedge a Nifty view well outside domestic hours.

GIFT NIFTY (near month)GIFT NIFTY (next month)
  • Trade a Nifty view nearly round the clock, in two long sessions.
  • Bridges the overnight global cues into the morning open.
  • USD-denominated futures on the IFSC exchange.
  • Same account, same terminal as your NSE and MCX books.
ExchangeNSE International Exchange (NSE IX), GIFT City
Sessions (IST)≈ 06:30 – 15:40 and 16:35 – 02:45 (≈ 21 hours)*
Contract typeNifty 50 futures (USD-denominated)
Quantity basisExchange-set GIFT Nifty contract lot*
RoleOvernight & pre-open read on the Nifty
ExpiriesPer the NSE IX contract calendar*
MarginShown live on the ticket
SettlementCash-settled; square off or roll

* Lot sizes, trading hours and expiry dates are set by the exchanges and revised periodically. The live, binding figures always appear on the contract and on the order ticket before you confirm.

New to derivatives? Start here Zero brokerage — see the charges

One account. Every segment.

Open a SigmaFX account and switch between NSE futures & options, MCX and GIFT Nifty from a single wallet.

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