All Members/Participants,
Attention of Members of the Indian Clearing Corporation Ltd (ICCL) is drawn to SEBI Circular Ref No SEBI/HO/MRD2_DCAP/P/CIR/2022/165 dated November 30, 2022, & ICCL Circular No 20221130-47 dated November 30, 2022, regarding Net Settlement of Cash segment and Futures & Options (F&O) segment upon expiry of stock derivatives.
The norms/salient features/Illustrations regarding regarding Net Settlement of Cash segment and Futures & Options (F&O) segment upon expiry of stock derivatives are enumerated in the attached Annexures.
Members are requested to take note of the above.
In case of any clarification, members may contact their Relationship Managers or any of the following ICCL officials:
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Sr. No.
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Team
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Coordinates
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1.
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ICCL Ops
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022 2272 8682/ 5163 or email at ops1@icclindia.com/ops@icclindia.com
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For and on behalf of the Indian Clearing Corporation Limited
Hitesh Shah Ajay Darji
Dy. General Manager Dy. General Manager |