BSE : Segregation and Monitoring of Collateral at Client Level- Update
January 20, 2023 at 04:41 pm IST
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NOTICES
Notice No.
20230120-19
Notice Date
20 Jan 2023
Category
Settlement/RMS
Segment
General
Subject
Segregation and Monitoring of Collateral at Client Level- Update
Content
To<_o3a_p>
<_o3a_p>
All Members/Participants,<_o3a_p>
<_o3a_p>
This is with reference to Indian Clearing Corporation ltd (ICCL)circular no20220729-60 dated 29 July 2022& circular no20220819-5dated 19 August 2022 regarding Segregation and Monitoring of Collateral at Client Level - Penalty mechanism for Short Allocation. In context of the same, Members are hereby requested to note the following:<_o3a_p>
§ On daily basis, Members will be provided segment wise, client wise, Intraday short allocation reports taken at random snapshots akin to Intraday Margin files as per the below format with effect from Monday, January 23, 2023.<_o3a_p>
<_o3a_p>
File Name: Intraday short allocation file to clearing member/Trading member
File type
CSV
File path
Extranet (transaction folder of respective segment)
Segment
Clearing Member file name
Trading Member file name
Equity cash
EQ_INTRADAY_SHRTCOLL_CMCODE_DDMMYYYY_NN.CSV
EQ_INTRADAY_SHRTCOLL_TMCODE_DDMMYYYY_NN.CSV
Equity Derivatives
EDX_INTRADAY_SHRTCOLL_CMCODE_DDMMYYYY_NN.CSV
EDX_INTRADAY_SHRTCOLL_TMCODE_DDMMYYYY_NN.CSV
Currency Derivatives
CDX_INTRADAY_SHRTCOLL_CMCODE_DDMMYYYY_NN.CSV
CDX_INTRADAY_SHRTCOLL_TMCODE_DDMMYYYY_NN.CSV
Commodity Derivatives
BCX_INTRADAY_SHRTCOLL_CMCODE_DDMMYYYY_NN.CSV
BCX_INTRADAY_SHRTCOLL_TMCODE_DDMMYYYY_NN.CSV
SLBS
SLB_INTRADAY_SHRTCOLL_CMCODE_DDMMYYYY_NN.CSV
SLB_INTRADAY_SHRTCOLL_TMCODE_DDMMYYYY_NN.CSV
Sr No
Field name
Sample values
1
Current date
19012023
2
Segment indicator
CAPITAL, FUTURES, CDX, COMMODITY, SLB
3
Clearing Member code
1001
4
Trading Member code
1002
5
Client Code
OWN- Prop, Client code- VG001
6
CP Code
For CP transactions: ANGEL0000001
7
Total cash collateral
100
8
Total non cash collateral
50
9
Total Collateral
150
10
Minimum margin
200
11
Intraday short collateral
50
The detail modalities of intraday reporting including file formats for the same shall be informed separately. <_o3a_p>
In case of any clarification, members may contact their Relationship Managers or any of the following ICCL officials:<_o3a_p>
Sr. No.<_o3a_p>
Team<_o3a_p>
Coordinates<_o3a_p>
1.<_o3a_p>
ICCL Ops<_o3a_p>
022 2272 5648<_o3a_p>
022 2272 8567<_o3a_p>
022 2272 8843<_o3a_p>
022 2272 8881<_o3a_p>
For and on behalf of the Indian Clearing Corporation Limited<_o3a_p>
<_o3a_p>
Hitesh Shah Roanna Lewis
Dy. General Manager Senior Manager<_o3a_p>
BSE Ltd. published this content on 20 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2023 11:10:09 UTC.
BSE Limited is an India-based stock exchange company. The Company provides a platform for trading in equity, debt instruments, derivatives, and mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME). The Company operates through Stock Exchange Operations segment that facilitates trading in securities and other related ancillary services. It also provides a host of other services to capital market participants including risk management, clearing, settlement, market data services and education. The Companyâs systems and processes are designed to safeguard market integrity, drive the growth of the Indian capital market, and stimulate innovation and competition across all market segments. The Company's subsidiaries include Indian Clearing Corporation Limited, BSE Investments Limited, BSE E-Agricultural Markets Limited, BSE EBIX Insurance Broking Private Limited, BSE Administration and Supervision Limited, among others.