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T+2 rolling settlement - Cash Market - Risk Management

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Full Text of the Document

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....t - Risk Management This is in continuation of our circular no. SMD/Policy/Cir-9/2003 dated March 11, 2003, on "Risk Management for T+2 rolling settlement." In partial modification of the aforesaid circular, the Stock Exchanges are advised to comply with the following provisions regarding collection of VaR based margin. VaR based margin The VaR based margin shall be collected on an....

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