Maintenance margin: securities funded through client cash collateral may be recognised as MTF maintenance margin with prescribed margin and eligibility. Funded stocks received from the Clearing Corporation against client cash collateral may be considered as maintenance margin for MTF to the extent of the cash collateral, provided such stocks are separately identifiable, not comingled, pledged in favor of the trading member, and are Group 1 securities. The applicable margin for such funded stocks is VaR plus five times the Extreme Loss Margin, and trading members must report MTF exposures by 6:00 PM on T+1.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Maintenance margin: securities funded through client cash collateral may be recognised as MTF maintenance margin with prescribed margin and eligibility.
Funded stocks received from the Clearing Corporation against client cash collateral may be considered as maintenance margin for MTF to the extent of the cash collateral, provided such stocks are separately identifiable, not comingled, pledged in favor of the trading member, and are Group 1 securities. The applicable margin for such funded stocks is VaR plus five times the Extreme Loss Margin, and trading members must report MTF exposures by 6:00 PM on T+1.
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