Revised slabs for incremental ALBM and incremental MCFS margins

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... The President/Executive Director/Managing Director of all the Stock Exchanges Sir/Madam, Sub: Revised slabs for incremental ALBM and incremental MCFS margins. Please refer to our earlier circular No. 31 dated July 27, 2000 regarding Automated Lending and Borrowing Mechanism (ALBM) and circular No. 32 dated July 27, 2000 regarding Modified Carry Forward System ( .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t Position (Rs. in crores) OR Gross carry forward positions (as %age of company s paid up capital) Rate of margin (%) Exceeding 100 and upto 150 OR Exceeding 3% .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Exceeding 10% going upto 15% 25 Exceeding 500 OR Exceeding 20% 30 Once this margin is imposed by any Exchange having ALBM or MCFS facility, the other Exchanges having ALBM or MCFS will .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X