Default Marking after Badla Trading
 |
If Intended Carry Forward ³
Badla Net Position |
- Actual Carry Forward (TB, MB) = Badla Net
Position
- Balance goes to Delivery
|
If Intended Carry Forward <
Badla Net Position |
- Actual Carry Fwd (TB, MB) = PC or SC as
the case may be
- Balance goes to Financing
 Default Marking (Illustration)
During Settlement
Scrip |
PC |
SC |
PD |
SD |
ABC |
5000 |
2000 |
0 |
0 |
|
Assume in Badla Trading Net
Position is Sell 1000 ABC Will result in default as
Scrip |
TB |
MB |
SB |
VB |
ABC |
1000 |
0 |
0 |
0 |
|
4000 Buy and 2000 Sell will go for Delivery
During Settlement
Scrip |
PC |
SC |
PD |
SD |
ABC |
5000 |
2000 |
0 |
0 |
|
Assume in Badla Trading Net Position
is Sell 4000 ABC Will result in default as
Scrip |
TB |
MB |
SB |
VB |
ABC |
4000 |
0 |
0 |
0 |
|
1000 Buy and 2000 Sell will go for Delivery
During Settlement
Scrip |
PC |
SC |
PD |
SD |
ABC |
5000 |
2000 |
0 |
0 |
|
Assume in Badla Trading Net Position
is Sell 6000 ABC Will result in default as
Scrip |
TB |
MB |
SB |
VB |
ABC |
5000 |
0 |
1000 |
0 |
|
2000 Sell will go for Delivery
During Settlement
Scrip |
PC |
SC |
PD |
SD |
ABC |
5000 |
2000 |
0 |
0 |
|
Assume in Badla Trading Net Position
is Buy 1000 ABC Will result in default as
Scrip |
TB |
MB |
SB |
VB |
ABC |
0 |
1000 |
0 |
0 |
|
5000 Buy and 1000 Sell will go for Delivery
During Settlement
Scrip |
PC |
SC |
PD |
SD |
ABC |
5000 |
2000 |
0 |
0 |
|
Assume in Badla Trading Net Position
is Buy 3000 ABC Will result in default as
Scrip |
TB |
MB |
SB |
VB |
ABC |
0 |
2000 |
0 |
1000 |
|
5000 Buy will go for
Delivery
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|
