NATIONAL SECURITIES CLEARING CORPORATION LIMITED

FUTURES AND OPTIONS SEGMENT

 

Download No.: NSE/CMPT/11397                                     September 30, 2008

 Circular No. NSCC/F&O/C&S/889                                           

 

Muhurat Trading on 28th October 2008

 

In pursuance of circular no. NSE/F&O/101/2008 dated September 25, 2008 regarding the Muhurat trading session on Tuesday, October 28, 2008 members are informed that :

  1. Two risk parameter files based on prices of the securities at previous close, and at the end of day shall be provided.
  2. On account of trading on October 28, 2008, the pay in/pay out transactions for the same shall be settled on October 29, 2008. The settlement due on October 29, 2008 shall be done on a sequential basis as given below:

Settlement Date

Settlement sequence

Trade/Exercise Date

Pay-in-time at NSCCL on settlement day

29-Oct-08

1st round

27-Oct-08

11:00 A.M.

29-Oct-08

2nd round

28-Oct-08

12:30 P.M.

Accordingly the pay-outs shall be scheduled.

 

Client Margin Reporting:-

The schedule for client margin reporting on account of Muhurat Trading on October 28, 2008 shall be as under –

Trade Date

Sign Off Date

23-Oct-08

  28-Oct-08

24-Oct-08

  29-Oct-08

27-Oct-08

  31-Oct-08

28-Oct-08

  03-Nov-08

Members are requested to take note of the same.         

 

 For any further clarifications members may contact the following officials of the Clearing Corporation: Mr Atique Khatri, Mr.Purab Sata, Mr. Sitikantha Chatterjee, Ms. Dinaz Shroff

 Phone Nos. 26598214/64/26598165

 Fax: 26598242,26598243

 

 Yours faithfully,

 For National Securities Clearing Corporation Ltd.

  

 

  Rana Usman

  Manager