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Schedule of Fees and Charges:
A one time membership fee of Rs. 50, 000/- shall be payable by the NDS and Non-NDS Members (dealing through internet) of CBLO Segment.
The charges for CBLO trades in the Auction Market and Normal Market are as
under:
A. Transaction Charges: (Effective from 1st October, 2008)
| Sr. No. |
Particulars |
Charges |
| 1. |
AUCTION MARKET |
Rs. 5/- per crore of face value per deal per Member subject to minimum of Rs.5/- and a maximum of Rs.750/- per deal. |
| 2. |
NORMAL MARKET
(to be charged on the value date of each trade) |
Rs. 5/- per crore of face value per deal per member subject to minimum of Rs. 5/- and a maximum of Rs.750/- per trade. |
B. Settlement Charges:
| Sr. No. |
Particulars |
Charges |
| 1. |
AUCTION MARKET |
Rs. 10/- per crore of face value per deal per member subject to minimum of Rs. 10/- and a maximum of Rs. 1750/- per deal 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 deal per member subject to minimum of Rs. 10/- and a maximum of Rs. 1750/- per deal 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 is 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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