The National Stock Exchange (NSE) on July 09, 2024, notified regarding the Short Allocation of Collaterals.
The following has been stated: -
• It is in reference to Circular no. - NCL/CD/62801 dated July 05, 2024, regarding Short Allocation of Collateral.
• It states that the value of collateral above the prudential norms shall be updated under the field “Total NonCash Collateral” in the SA04/SA05/SA06 report.
This circular applies to Currency Derivatives, Commodity Derivatives, Futures & Options, and NSE Clearing - Capital Market.
[Circular No. - 041/2024]