Schedule of Fees & Charges
We invite your attention
to Chapter XIV- ‘Fees & Charges’ of Securities Segment Regulations. In
terms of Para A - 4 of the above chapter, the revised schedule of fees &
charges effective from 01st October 2019 is given below.
SCHEDULE OF FEES & CHARGES:
A
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Settlement of Outright Trades
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1.
2.
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Particular
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Transaction Charges
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OUTRIGHT TRADES
Dated Securities & Treasury Bills
( Payable by each counter
party )
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Rs.95/- per crore of Face
Value for Dated Securities
Rs. 45/ per crore of Face
Value for Treasury Bills
Minimum Rs.20/- Maximum Rs. 4750/-
per Trade for outright trades in Dated securities and Treasury Bills.
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STRIPS Securities
( Payable by each counter
party)
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Rs.45/- per crore are payable on
Settlement Consideration
Minimum Rs. 45/- Maximum Rs. 2250/-
per Trade for outright trades in STRIPS
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Outright
trades by individuals (including HUF) up to and including FV Rs. 1 crore,
received for settlement will be exempted from settlement charges. The counterparty to those trades would also
be exempted from Settlement charges.
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B
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Settlement of Repo Trades
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1.
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Particulars
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Transaction Charges
|
Overnight&
Term Repo Trades
(Includes
Dated Securities, T-Bills & STRIPS)
( Payable by each counter party )
|
Rs 12.50 per crore of face value
for each leg of a repo trade.
The
above charges are subject to Minimum of Rs. 12.50/- and Maximum of Rs. 1250/-
for each leg of repo trade.
|
2.
|
Overnight
&Term Tri-Party Repo Trades
(Includes
Dated Securities, T-Bills & STRIPS)
( Payable by each counter party )
|
Rs.
10 per crore of repayment value of tri-party repo trade.
The
above charges are subject to Minimum of Rs. 10/- and Maximum of Rs. 1000/-
for each tri-party repo trade.
|
C
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Penalty for Margin Shortfall
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1
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Penalty for Margin Shortfall.
(based on number of instances in a calendar quarter)
(Intraday margin shortfall will be treated as a shortfall for one day.)
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a) 5 basis point per Rs. 100 per instance(each
single day of shortfall till replenishment is counted as an instance) on the amount of
shortfall for first three instances(in
a calendar quarter);
b) 10 basis points per Rs.100 per instanceon the amount of shortfall from
fourth instance to 13th instance(in a calendar quarter).
c) 20 basis points per Rs.100 per instance on the amount of shortfall from
fourteenth instance onwards(in a calendar quarter).
Minimum
charges would be Rs. 100/- per instance.
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D
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Payment to be made by the member-in-shortage when settlement shortage
is handled by CCIL
|
1.
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For Securities / Funds shortage
|
a)
5 basis point per Rs. 100 per day, on the amount of shortage till the
replenishment of the security (Minimum charges would be Rs. 100/-).
and
b)
Charges incidental to meet such security/ Funds shortage like
Securities Line of Credit (SLOC) charges for securities shortage and LOC
charges for funds shortage as provided in Securities Segment Regulations,
Chapter VII Para F 1.4 / F 2.5 as the case may be.
|
E
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Payment to be made by
the member-in-shortage when Settlement Shortage is allocated by
CCIL
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1.
2.
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When Security shortage allocated
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a)
5 basis point per Rs.100 on the face value amount of security shortage (Minimum
charges would be
Rs.100/-).
--and--
b) Compensation payable by the member-in-shortage and receivable by the
non-defaulting Allocatee member as per Chapter VII -Settlement Shortage &
Defaults of Securities Segment Regulations, Para F 2.5. and Para F
2.6.
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When Funds shortage allocated
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a)
5 basis point per Rs.100 on the amount of funds shortage (Minimum charges
would be
Rs.100/-).
--and--
b) Compensation payable by the member-in-shortage and receivable by the
non-defaulting Allocatee member as per Chapter VII -Settlement Shortage &
Defaults ofSecurities Segment Regulations, Para F 1..4 and F-1.5. .
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GST and applicable taxes
shall be charged separately on the above fees and charges;
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