NCCL notified regarding the Release of collateral

Jul 04, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity Clearing Limited (NCCL) on July 03, 2024, issued the notification regarding the Release of collateral.

The following has been stated namely: -

• In regard to the Settlement of the Running Account of the Client’s Funds lying with the Trading Member (TM), the cut-off time for upload of the final Collateral Allocation file and Non-Cash Limit file shall be 10:00 pm on July 05, 2024.

[Notification No. NCCL/CLEARING/037/2024]

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