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    <title>Corrigendum to Circular no. SMDRP/POLICY/CIR-31/2000 dated July 27, 2000.</title>
    <link>https://www.taxtmi.com/circulars?id=62043</link>
    <description>The corrigendum prescribes an Incremental ALBM Margin: when an exchange&#039;s ALBM position in a scrip exceeds specified market-position or deferred-net-position parameters, an additional margin must be levied in addition to the ALBM margin, charged at the higher of the two rates set by reference to net outstanding market position bands and deferred net position percentages. Positions of pure securities borrowers are excluded where collateral is held with the clearing house. An incremental margin imposed by one exchange will be followed by other exchanges with ALBM or MCFS from the next settlement.</description>
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    <pubDate>Thu, 24 Aug 2000 00:00:00 +0530</pubDate>
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      <title>Corrigendum to Circular no. SMDRP/POLICY/CIR-31/2000 dated July 27, 2000.</title>
      <link>https://www.taxtmi.com/circulars?id=62043</link>
      <description>The corrigendum prescribes an Incremental ALBM Margin: when an exchange&#039;s ALBM position in a scrip exceeds specified market-position or deferred-net-position parameters, an additional margin must be levied in addition to the ALBM margin, charged at the higher of the two rates set by reference to net outstanding market position bands and deferred net position percentages. Positions of pure securities borrowers are excluded where collateral is held with the clearing house. An incremental margin imposed by one exchange will be followed by other exchanges with ALBM or MCFS from the next settlement.</description>
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      <pubDate>Thu, 24 Aug 2000 00:00:00 +0530</pubDate>
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