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;

b) Rs.50 per crore of Face Value
for Treasury Bills.

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

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

Rs. 10 per crore of repayment value of tri-party repo trade.
The above charges are subject to Minimum of Rs. 10/- and Maximum of Rs. 1000/- for each tri-party repo trade.

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 Rs. 100 per day on the amount of shortfall till deposit of shortfall for first three days;
b) 10 basis points per Rs.100 per day on the amount of shortfall till deposit of shortfall from day fourth onwards;
c) 20 basis points per Rs.100 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 Rs 100 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 VII Para F 1.4 / F 2.5

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 per Rs.100 on the face value amount of security shortage (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 VII -Settlement Shortage & Defaults of Regulations - Securities Segment, Para F 2.5 and F 2.6.