Settlement Guarantee Fund

Settlement Guarantee Fund
Components of Settlement Guarantee Fund as on June 30, 2014
No. Particulars Amount (Rs. In Lacs)
a. Initial Contribution 1,000.00
b. Base Minimum Capital (BMC) of Members  
  Cash Margin 316.10
  Cash-equivalent Margin (FDRs) 228.89
c. Interest accrued on BMC 19.48
d. Refundable deposit made by members(other than margin) 5.00
e. Settlement related penalties -
f. Annual Contribution by [email protected]% of Gross Revenue w.e.f. 1st April, 2014 20.60
g. Interest amount and any other income accrued on the investment of SGF 82.20
Total SGF as on 30.06.2014 1,672.27
NOTE: Settlement Guarantee Fund (SGF) has been constituted as per Forward Markets Commission (FMC) guidelines.