System based calculation of margins on gross basis

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e President/Executive Director/Managing Director Of all the Stock Exchanges Sir/Madam, Sub:-System based calculation of margins on gross basis. Vide our earlier circular dated February 01, 2001, we had stipulated that the stock exchanges would modify their system software so that entry of client code becomes mandatory at the brokers level and that orders would not be .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 2001 under advice to us. Any exchange failing to comply with this directive shall discontinue undertaking the facilities of MCFS/ALBM/BLESS. Yours faithfully P K Bindlish Deputy General Manager Secondary Market Depository, Research Publications Department e-mail: [email protected] - Circular - Trade Notice .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X