A

Settlement of Outright Trades

Particular                                                                             

Transaction Charges

OUTRIGHT TRADES
1. Dated Securities & Treasury Bills

 ( Payable by each counter party )

2. STRIPS Securities

 ( Payable by each counter party )

a) Rs.100 per crore of Face Value for Dated Securities;(w.e.f 16/05/15)

b) Rs.50 per crore of Face Value
for Treasury Bills.(w.e.f 16/05/15)

Minimum Rs. 25/- Maximum Rs. 5000/- per Trade

a) Rs.50 per crore are payable on Settlement Consideration
Minimum Rs. 50/- Maximum Rs. 2500/- per Trade

Outright trades by individuals up to and including FV 1 crore, received for settlement will be exempted from settlement charges provided the Primary Member while capturing those trades in NDS-OM and / or NDS-OM Reporting enters in the CSGL field the prefix “Ind Inv-Mr”, “Ind Inv-Mrs”, “Ind Inv –Miss” & Ind Inv –Master” as notified by Clearing Corporation before capturing any other information,. The settlement charges would be applicable to the counterparty to those trades if such counterparty is not an Individual.

B

Settlement of Repo Trades

Particular

Transaction Charges

OVERNIGHT AND TERM REPO TRADES (Includes Dated Securities,
T-Bills & STRIPS)
 ( Payable by each counter party )

Rs. 15 per crore of face value for each leg of repo trade.
The above charges are subject to Minimum of Rs. 15/- and Maximum of Rs. 1500/- for each leg.

C

Delayed payment of Transaction Charges.

( If payment is made after 10^th of a calendar month )

5 basis point per day on the charges payable till the payment of charges.

D

Penalty for Margin Shortfall

Penalty for Margin Shortfall.
(based on number of days in a calendar quarter)
(Intraday margin shortfall will be treated as a shortfall for one day.)

a) 5 basis point per day on the amount of shortfall till deposit of shortfall for first three days;
b) 10 basis points per day on the amount of shortfall till deposit of shortfall from day fourth onwards;
c) 20 basis points per day on the amount of shortfall till deposit of shortfall from day fourteenth onwards.(Charges below Rs. 25/- will be waived).

E

Payment to be made by the defaulting member when Settlement Shortage is handled by CCIL

1) For Securities Default

2 ) For Funds Default

a) 5 basis point per day, on the amount of default till the replenishment of the security (Minimum charges would be Rs. 100/-).

and

b) Charges incidental to meet such security default like Securities Line of Credit (SLOC) charges.
a) 5 basis point on the amount of default till the default is fully met (Minimum charges would be Rs. 100/-). &
b) Line of Credit (LOC) charges incurred by Clearing Corporation to meet such funds default.

F

Payment to be made by the defaulting member when Settlement Shortage is allocated by CCIL

When Security default allocated

When Funds default allocated

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

                     --and--
b) Compensation payable to the non-defaulting Allocatee member as per Chapter VI -Settlement Shortage & Defaults of Regulations - Securities Segment, Para F 2.5 and E 2.6.

G