The India International Exchange Limited (INX) on January 07, 2024, released a Consolidated Circular.
The following has been stated: -
•An updated, consolidated circular from India International Clearing Corporation (IFSC) Limited has been issued, superseding all previous circulars.
•It includes guidelines on various subjects such as Liquid Networth, Membership, Margins, Settlement, Penalty structure, and more. The circular is divided into parts for easier reference. Members are advised to review and follow the updated guidelines.
The detailed circular is given in the document below.
[Circular No. 20250102-2]