To assist the members to know their margin requirement for their trades in
regard to their transactions in Government Securities, CCIL has designed a
software which can provide on-line information about margin requirement of the
members based on their outstanding trade positions. The system operates on a
personal computer having Windows 98 or above as its operating system and having
MS Access 1997 (or higher version) loaded into it. Members are provided with
all master files (like ISIN Master, Margin Factors, MTM Price, Eligible
Securities & haircut rates) by CCIL in .CSV format through its report
server as at the end of every day. Apart from the upload of these master files,
members would only have to enter particulars of their trades as it happens.
Moreover, the entry of the trades could also be achieved through the file
upload or NDS file Upload facility provided in the software. As the particulars
of the trades are entered, members get information regarding their margin
liabilities.
The software also provides facility for entering margin deposits by the members
(SGF balance). The members can do what if analysis so that they can assess the
impact of a trade/set of trades on their margin requirement or of any new
deposit or withdrawal from SGF. The software also allows members to get various
kinds of MIS regarding outstanding trades e.g. outstanding trade in a
particular ISIN for a particular value day. The software can also be used by
the members to compare electronically the Security Settlement Segment reports
in .CSV format with the particulars of trades entered in the software.
The software has been placed on the 30th May in the CCIL
Report Server [file name CCIL’s Margin Calculator. exe] so that the members can
download the software for their use. The software has a detailed help file
included in it. In case of any queries, however, please feel free to get in
touch with Mr. V.Swaminathan (Tel No. 56639327) or Mr. Kapil Todi (Tel No.
56639330) or send an email to rmd@ccilindia.co.in.