Currency settlement Query

[speculator_trade]

How exchange settles if I hold currency positions on expiry day which will close at 12:30 PM.

Settlement price will consider closing price with respective contract at 12:30 PM or eod closing price.

[Kshiteesh_Saralaya]

Hey @speculator_trade

Check out this post.

How is the settlement price for currency futures arrived at?

When I trade Nifty futures and don’t square off on the expiry day, my Nifty futures is settled according to the closing price of Nifty Index. But how does this work in case of Currency futures? What happens on the expiry day if I don’t square off my currency futures position?