Attention of Members of the Indian Clearing Corporation Ltd. (ICCL) is drawn to the BSE Circular No. 20181203-24 dated December 3, 2018 regarding revision of Trading hours.
In view of the same and in partial modification to ICCL Circular No. 20180927-47 dated September 27, 2018 referring to Clearing &Settlement Process for BSE-Commodity Derivatives Segment, Members are hereby informed that the revised Funds pay-in and pay-out timelines are detailed as below:
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*Settlement Type
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Frequency
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Settlement due on
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Revised Timelines
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Mark to Market
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Daily
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T+1
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Pay-in: 8:30 am
Pay-out: By 10:30 am
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* There is no change pertaining to Delivery settlement timelines.
Members may kindly note that the above revised timelines shall come into effect from December 31, 2018.
For any clarifications, Members may contact their respective Relationship Managers or any of the following:
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Sr. No
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Query Type
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Coordinates
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1
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Commodity Settlement
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022 22725807/5109/8137/8503
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For and on behalf of the Indian Clearing Corporation Limited
Dilip Kakwani Rajeev Ranjan
General Manager AGM
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