The India International Bullion Exchange (IIBX) on June 21, 2024, issued the Format for allocation of collateral for IIBX Futures Trading.
This is in reference to Circular No. 20240619-2 dated June 19, 2024, regarding the Framework for segregation and monitoring of collateral at the Client Level for Futures Trading.
The following has been stated:
• The India International Bullion Exchange (IIBX) Clearing is providing Clearing Members with a file-based facility to provide client-level allocation of collateral. The IIBX Clearing shall use such collateral allocation information to ensure that the collateral allocated to a client is used towards the margin obligation of that client only.
• The details of file format are provided in Annexure 1.
Kindly find the Annexure provided with this document attached to the document.
[Notification No 20240621-2]
