Schedule of Fees & Charges
We invite your attention to Chapter XII- ‘Fees & Charges’ of Securities Segment Regulations. In terms of Para A - 4 of the above chapter, the schedule of fees & charges is given below.
Schedule of Fees & Charges:
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 (including HUF) up to and including FV 1 crore, received for settlement will be exempted from settlement charges in respect of trades in NDS-OM and / or NDS-OM Reporting platform. The settlement charges will also be exempted to the counterparty to those trades
|
|
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 10th 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.(Minimum charges would be Rs. 100/-). |
E |
Payment to be made by
the member-in-shortage when Settlement Shortage is handled by
CCIL |
| 1) For Securities / Funds Default
| a) 5 basis point per day, on the
amount of shortage till the replenishment of the security (Minimum charges
would be Rs. 100/-). and b) Charges incidental to meet such
security/Funds shortage like Securities Line of Credit (SLOC) charges for
securities shortage and LOC charges for funds shortage as provided in Securities
Segment Regulations, Chapter VI Para 2.5 / 1.4 |
F |
Payment to be made by
the member-in-shortage and receivable by non defaulting allocatee 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 by the member-in-shortage and
receivable by the non-defaulting Allocatee member as per Chapter VI -Settlement
Shortage & Defaults of Regulations - Securities Segment, Para F 2.5 and E
2.6.
a) 5 basis point on the amount of security default
(Minimum charges would be Rs.100/-).
--and-- b) Compensation payable by the member-in-shortage and receivable by the
non-defaulting Allocatee member as per Chapter VI -Settlement Shortage &
Defaults of Regulations - Securities Segment, Para F 1.4 and E 1.5.
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