Re: Early Pay-in of Fund for availing margin benefit
6th January, 2014
Trading members of the Exchange are hereby advised to clearly specify the Settlement Number against which they are making Early Pay-in of Funds either through net banking or direct credit or any other mode. In case the trading members are making Early Pay-in of Funds into the Exchange Settlement Account without specific Settlement Number, then it would be presumed that the Early Pay-in of the Fund is for the current date’s settlement i.e. the settlement for which trading is taking place. Any change of Settlement Number for such early pay-in would not be considered and net obligations of the member would be adjusted accordingly.