Notices
Notice No20200111-2Notice Date11 Jan 2020
CategorySettlement/RMSSegmentDerivatives
SubjectIntroduction of Cross-Margining facility in respect of offsetting positions in corelated equity Indices
Content

In continuation to the ICCL Circular on Introduction of Cross-Margining facility in respect of offsetting positions in corelated equity Indices” dated December 30, 2019, ICCL is pleased to inform its members that the provisions of the Circular shall be made effective from Wednesday, January 15, 2020. Members wishing to avail cross-margining benefit may intimate ICCL on the email id mentioned below.

 

In case of any assistance/clarification, please do not hesitate to contact us.

 

For and on behalf of Indian Clearing Corporation Ltd.

 

Piyush Chourasia

Chief Risk Officer & Head – Strategy

 

Risk Department

Email

risk.iccl@icclindia.com

Contact No:

+91-22-22728759/5820/8679

 

Reference: SEBI Circular on Introduction of Cross-Margining facility in respect of offsetting positions in corelated equity Indices dated November 8, 2019