NSE Circular: Client Margin Reporting

Dear Sir/Mam,

This is with reference to NSE Circular reference No. NSCCL/CMPT/37751 dated May 14, 2018 and SEBI circular no: SEBI/HO/MRD/DRMNP/CIR/P/2018/75 dated May 02, 2018 and in modification to Item no. 14 on client margin reporting of the consolidated circular no. 032/2017 (Download Ref No: NSCCL/CMPT/34657) dated April 17, 2017.

  1. For the Derivatives segment, Client shall be required to provide initial and exposure margins on an upfront basis.
  2. For the Derivatives segment, Client shall be required to provide mark to market losses by T+1 day.

The provisions of the circular shall come into effect from June 01, 2018.

Exchange circulars are attached for your reference, plz click on given below links.

CMPT37751

Annexure

CMPT37678