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 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. S.T.P.Venugopal (Tel No. 66639330) or Mr. Ashlesh Chaudhari (Tel No. 66639335) or send an email to rmd@ccilindia.co.in.