Calendar

May-2013
M T W T F S S
20 21 22 23 24 25 26
Economic Events
list No economic event today
Results
list No result today
IPO
list Issue Open : India Finsec
 

Clarification on securities collateral

Capital Market/ 19:10 , Apr 30, 2012

Clarification on securities collateral


 

To,
The Members
 
For the purpose of collection of margin from the clients, members are allowed to accept approved securities apart from the other forms of collaterals from the clients.
 
It is clarified that, where the client has deposited margin with the member in the form of securities, the member has to deploy his own funds for meeting margin requirements for the open positions of the clients. In such cases, the members may levy interest or any other charge as per the terms consented by the client.
 
In case of any queries / clarification, members may contact the under mentioned officials :
 

NAME
INTERCOM NO.
Mr. Chirag Udani
2272 8724
Mr. Wilbur Fernandes
2272 8052

 
 
 
 
 
Devika Shah                                                                Mitesh Thakkar
Sr. Gen. Manager                                                        Asst. Gen. Manager
Surveillance & Supervision                                         Surveillance & Supervision
 
   Previous
   Index 
   Next

 



Rate This Article Rate 1 Rate 2 Rate 3 Rate 4 Rate 5

Recent News Videos