15:48 Jun 23, 2017
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Revised Schedule of Charges w.e.f. 1st January, 2010:

The charges for CBLO trades are as under:

 

A. Transaction Charges (Clear Corp):

 

Sr. No.

Particulars

Charges

1.

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.

Charges

1.

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.

 

 

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

CBLO shortage

5 basis point on the amount of shortage (Minimum charges would be Rs. 100/-)

3

Funds shortage

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 allocated.
(Minimum charges would be Rs. 100/-)

The actual LOC utilisation charges, as applicable, will also be payable by the member-in-shortage

 

The Service tax & other taxes as applicable on the above would be recovered from Members.

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