Revised Schedule of Charges w.e.f. 1st January, 2010:
The charges for CBLO trades in the Auction Market and Normal Market are as under:
A. Transaction Charges (Clear Corp):
| Sr. No. |
Particulars |
Charges |
| 1. |
AUCTION MARKET |
Rs. 5/- per crore of face value per trade per Member subject to minimum of Rs. 5/- and a maximum of Rs. 500/- per trade. |
| 2. |
NORMAL MARKET
(to be charged on the value date of each trade) |
Rs. 5/- per crore of face value per trade per member subject to minimum of Rs. 5/- and a maximum of Rs. 500/- per trade. |
B. Settlement Charges (CCIL):
| Sr. No. |
Particulars |
Charges |
| 1. |
AUCTION MARKET |
Rs. 10/- per crore of face value per trade per member subject to minimum of Rs. 10/- and a maximum of Rs. 1000/- per trade for each member to be charged at the time of initial borrowing and lending Plus Applicable Service Tax. |
| 2. |
NORMAL MARKET |
Rs. 10/- per crore of face value per trade per member subject to minimum of Rs. 10/- and a maximum of Rs. 1000/- per trade Plus Applicable Service Tax. |
DEFAULT CHARGES
| Sr. No. |
Particulars |
Charges |
| 1 |
Delayed deposit of Margin |
5 basis points per day on the amount of shortfall till the shortfall are met. |
| 2 |
Default |
5 basis point per day on the amount of shortage/default till the shortage/default is fully met; of which, 3 basis point per day will be payable to the non-defaulting Member on the shortfall.
(Minimum charges would be Rs. 100/-) |
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