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 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.(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.