Critical Order Value and Valuation of members security deposits

Ref No. CSE/Notices/MSD/2011/35

Dated: 31^st October 2011

NOTICE

Re: Critical Order Value and Valuation of members security deposits

Critical Order Value

Based on SEBI directive and as a risk containment measure, the Exchange authorities have decided to reduce the Critical Order Value from Rs. 10,00,000/- to Rs. 5,00,000/-. This change in Critical Order Value would be applicable w.e.f. 4^th November 2011. Hence, a single order for value over and above Rs. 5,00,000/- would not be accepted in the On-line Trading System of the Exchange (C-Star).

All Trading Members participating in trading in C-Star are requested to take note of the change in the maximum order value.

Valuation of Securities (shares) for margin limit in the C-Star Trading System

As per SEBI Circular Ref No. MRD/DoP/SE/Cir-6/2006, the valuation of securities available with the Exchange towards ABMC/Margin Limit in C-Star would be valued five times in a day at the current market price and applicable VaR. This would be applicable w.e.f. 11^th November 2011.

Trading Members are advised to take note of the change in valuation of securities and place order accordingly in the C-Star Trading System of the Exchange.

General Manager

Stock Exchange Operation