Risk Containment measures for rolling settlement and CNS, CFRS & ALBRS

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....Director/Managing Director Of all the Stock Exchanges Dear Sir/Madam, Sub:- Risk Containment measures for rolling settlement and CNS, CFRS & ALBRS This is in continuance of the circular no. 25/2000 dated June 29, 2000 advising the Exchanges about the risk containment measures applicable to the Rolling settlement, circular no. 43 of 2000 advising the features of the Continuos Net Settlemen....

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....outstanding position created on day T, •  The net outstanding position of the future 5 settlements. 1. Gross Exposure Margin : The gross exposure margin would be calculated on the worst case scenerio i.e. highest net outstanding position at the end of any trading day for which the settlement has not been concluded. 2. Mark to Market Margin : Mark to Market margin woul....