To,
All Members,
This is with reference to SEBI circular ref. no: SEBI/HO/MRD2/DCAP/CIR/P/2020/27 Dated February 24, 2020 on Review of Margin Framework for Cash and Derivatives segments (except for Commodity Derivatives segment) is enclosed as Annexure I.
Members are requested to take note of the above and the provisions of the circular shall come into effect from May 01,2020.
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
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Email
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risk.iccl@icclindia.com
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Contact No:
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+91-22-22728759/5820/8679/5186
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