Re: C-STAR fund related settlement
operation with United Bank of India, CSE Branch
Further
to our notice dated 3rd June 2010 regarding discontinuance of fund
related settlement operations with United Bank of India, CSE Branch with effect
from 16th June 2010, trading members of the Exchange are hereby
informed that the Exchange had received objections from some trading members in
this regard.
In view
of the trading members objection, the decision to discontinue the settlement
operations with UBI has been deferred for one month and members will be
informed about the same through a separate notice.
DGM (MOP
& Surveillance)