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Clearing members may provide additional margin/collateral deposit (additional base capital) to NSCCL and/or may wish to retain deposits and/or such amounts which are receivable from NSCCL, over and above their minimum deposit requirements, towards initial margin and/ or other obligations.
Clearing members may submit such deposits in any one form or combination of the following forms:
- Cash
- Fixed Deposit Receipts (FDRs) issued by approved banks and deposited with approved Custodians or NSCCL
- Bank Guarantee in favour of NSCCL from approved banks in the specified format.
- Approved securities in demat form deposited with approved Custodians.
Minimum Base Capital |
Deposits / Networth |
Margins |
NSCCL SPAN |
PC SPAN |
Payment of Margins
Position Limits & Violations |
Client Margin Reporting |
Formats
Scheme for FIIs trading
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