BSE vide circular dated April 28, 2021 ( 20210428-42), NSE vide  circular dated April 28, 2021 (NSE/INSP/48109), MCX vide circular dated  April 30, 2021 (MCX/INSP/272/2021), MSEI vide circular dated April 30, 2021 (MSE/INSP/10372/2021) and NCDEX vide circular dated April 29, 2021 (NCDEX/COMPLIANCE-022/2021)  have issued circular requiring the Trading Members to report details of ‘Client Level Cash & Cash Equivalent Balances’ to their Clearing Members. The first submission as per the format is required to be made by the Trading Members for the week ending on June 19, 2021, due date of which will be June 24, 2021 and for each week thereafter.

Clearing Members are required to take note of the same and incorporate required changes in their monitoring and risk management framework.

For and on behalf of Indian Clearing Corporation Ltd.

Roanna Lewis

Senior Manager

Membership & Inspection