In view of the SEBI circular CIR/HO/MIRSD/DOP/CIR/P/2019/139 dated November 19, 2019 on “Collection and reporting of margins by Trading Member (TM) /Clearing Member (CM) in Cash Segment”, Exchange is pleased to issue Guidelines/Clarification on Margin collection & reporting.
All Trading Members are requested to take note of the below and ensure compliance while collecting margin from their clients and reporting:
i. Guidelines/Clarification on margin collection & reporting is enclosed as Annexure A.
ii. A format of daily margin statement which stipulates minimum information to be provided to clients is enclosed as Annexure B.
In case of any query, please contact following officials:
|
Name of official
|
Contact no.
|
|
Ms. Josephine Baretto
|
022-22728598
|
|
Mr. Ravindra Kalvankar
|
022-22725068
|
For and On behalf of BSE Ltd.
Gopalkrishnan Iyer
Chief General Manager
(Membership Compliance, Investor Services and Broker Supervision) |