TRADING TIME

for Derivatives Contracts Trading*

Trading mode	Morning extra session		Main trading session		Extra trading session
Trading mode	Start time (UTC+5)	End time (UTC+5)	Start time (UTC+5)	End time (UTC+5)	Start time (UTC+5)	End time (UTC+5)
Main Derivatives Trading Mode	09:00	12:00	12:00	21:00	21:00	03:45 (next calendar day)
Negotiated Derivatives Transaction Mode	09:00	12:00	12:00	21:00	21:00	03:45 (next calendar day)

*- the schedule comes into effect from the date of entry into force of the new version of Business Rules, which establishes the procedure for concluding Derivatives Contracts.