Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Set - off against MTM Profits for the same day settlement is permitted
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A Clearing Corporation can be a part of the stock exchange.
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Pool account are used to receive shares from selling clients and to send shares to buying clients.
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Margins are not applicable for option writing
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A Clearing Corporation has to be a separate entity and cannot be a part of the exchange
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It is mandatory for clearing members to open Demat accounts with both the depositories.
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Arbitration for claims above Rs.25 Lakhs is decided by a sole arbitrator
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Large deals between institutions are normally done through market trades
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The securities register is required to be maintained client -wise and script -wise
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Operational risk is the risk of monetary loss resulting from inadequate or failed internal processes, people and systems or external events.
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