Dated: 18th
January 2010
NOTICE
Re:
Adjustment of Temporary Cash received from trading members with their pay-in
obligations of the respective settlement
Trading Members are hereby informed that to facilitate the trading members of the Exchange from the hardship of double payment of their dues - towards margin money and thereafter as pay-in obligation, the Exchange authorities have arranged for adjustment of Temporary Cash paid by the trading members towards their pay-in obligations of the respective settlements in C-star.
Accordingly, the temporary cash deposits of the trading members will be first adjusted towards their pay-in dues of the respective settlement and the balance available after such adjustment shall be credited to members’ C-star margin A/c or to be refunded to respective members’ settlement account upon specific request after completion of the pay-in of securities on the settlement day.
Managing Director & CEO