27th June, 2014
Members are hereby informed that Risk Management Group at the meeting of held on 27th June 2014, had decided to implement Circular No. CIR/MRD/DP/34/2012 dated 13th December 2012 of Securities and Exchange Board of India.
Accordingly, Revised Collateral Multiplier would be 0.88 from existing 0.98 w.e.f. 2nd July 2014, till further notice.
Further, it may be noted that Reduction of Collateral Multiplier is purely on account of Risk Management measures of The Calcutta Stock Exchange Ltd. in line with above SEBI Circular.
Dy. General Manager
Approved by RMG group today:
Manager-Surveillance Manager –MOP DGM-Margin