Risk Containment measures for rolling settlement and CNS, CFRS & ALBRS

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..... President/Executive Director/Managing Director Of all the Stock Exchanges Dear Sir/Madam, Sub:- Risk Containment measures for rolling settlement and CNS, CFRS ALBRS This is in continuance of the circular no. 25/2000 dated June 29, 2000 advising the Exchanges about the risk containment measures applicable to the Rolling settlement, circular no. 43 of 2000 advising th .....

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..... previous four trading days, The outstanding position created on day T, The net outstanding position of the future 5 settlements. 1. Gross Exposure Margin : The gross exposure margin would be calculated on the worst case scenerio i.e. highest net outstanding position at the end of any trading day for which the settlement has not been concluded. 2. .....

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..... nd consolidated positions would be considered for announcement of the scrips attracting the incremental CFRS and ALBRS margin on T+1 day. 7. Margins on CNS : The margin structure as applicable for the CFRS and the ALBRS would also apply to the CNS positions of the member. It is to be noted that the margin thus leviable would be applicable only on the sell side and not on the bu .....

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