The National Stock Exchange (NSE) on March 28, 2023, issued a circular regarding the change in timings for Collateral release for Securities Lending & Borrowing Scheme, Futures & Options, Commodity Derivatives, and Currency Derivatives with reference to SEBI circular no SEBI/HO/MIRSD/DOP/P/CIR/2022/101 dated July 27, 2022.
In this regard, the clearing members are requested to take note of the following:
• NSE Clearing shall permit clearing members to request for Cash/FDR/BG to be released on an immediate basis till 7:00 pm on April 06, 2023.
• NSE Clearing shall endeavor to release Cash/FDR/BG within one hour of the request received from the clearing member on an immediate basis on April 06, 2023, subject to collateral available for release post necessary margin checks.
[Circular No: 027/2023]
