Margin Trading System- MTS. Legal Frame Work The operations of MTS are governed under the following:. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. Margin Trading is done on an undisclosed manner through a platform provided by NCCPL, as an Authorized Intermediary, to Financees and Financiers. Maximum duration of MT Contract is sixty 60 calendar days. However, on every fifteenth 15th calendar day, MTS will automatically release one fourth quantity of the MT Contract Value.

The Financees are allowed to release their MT Contract at any given point of time during the entire MT Contract period and can roll-over in MT Market. However, in case of same day release one day mark-up will be charged.

MTS will compare UIN-wise net position, in ready market, at the day end and any excessive volume of MTS, over and above the net leverage buy, shall be force released on the same day.

All Trading Financiers are required to open a separate MT Blocked Account in CDS. Broker Trading Financiers are allowed to provide financing in MTS through their own funds, funds borrowed from financial institution and through their individual clients as well. Broker Trading Financiers will be required to enter into a separate agreement with their clients in accordance with the provisions of the Rules.

Facility of Inter-exchange trades are also available in MTS to the executing Broker Clearing Member and settlement obligation will be shifted to affirming Broker Clearing Member through BTB Module of NCSS.

However, executing Broker Clearing Member will remain responsible for risk management of MT Contract. Risk management measures such as exposure margins, concentration margins, liquidity margins and MTM are applied on MT Contract.

PPT - Margin Trading PowerPoint Presentation - ID

Capital adequacy limits and position limits are also applied on Financiers and Financees in accordance with the Regulations. Whereas, MTM Losses are collected in the form of cash only. However, such MTM losses are paid to the respective Financiers on daily basis. With the payment of such daily MTM payment, MT Contract value is aligned and mark-up is charged on the reducing balance accordingly. The following entities will be eligible to apply to NCCPL for admission as Trading Financiers:.

Corporate Entitlements, if any, in MT Eligible Securities having open position in MTS i. In case of non-payment of MTM Losses, Financee shall be required to identify the defaulted UIN of its client to NCCPL. Financee shall be required to square up the open position and MT R Transactions margins of the defaulted client within 3 hours on next Trading Day and deposit the MtM Losses to NCCPL.

In case of non-squaring-up by the Financee, NCCPL shall initiates squaring-up of the open position and MT R Transactions forex trading pools draws of such defaulted client on the same day.

In case of margin trading system ppt by NCCPL, all open MTS Contracts of such defaulted UIN shall be Released. Accordingly, MT Financed Securities and MT R Transactions margins of such defaulted UIN will be allocated to the respective Trading Financiers by NCCPL.

NCCPL shall restrict such defaulted UIN from taking new positions in all Markets for a period of six-months. In case of second default of same UIN sNCCPL may block such UIN for the period of three years.

In case of first default by the Financee: In case of second default by the Financee: On any subsequent default by the Financee, permanent restriction will be applied in leverage markets. In case easy way to earn gold wow Financee fails margin trading system ppt settle his money obligation on the settlement date of MTS RNCCPL shall suspend such Financee in all Markets.

In case of shortfall still persists, NCCPL shall initiate squaring-up process of open MT Contracts and MT R Transactions margins of such suspended Financee for two consecutive working days. In case of shortfall persists even after the said squaring-up, NCCPL shall allocate MT Financed Securities and MT R Transactions margins to the respective Trading Financiers.

Margin trading system ppt

In case where Trading Financier fails to settle his money obligation on the settlement date, NCCPL shall suspend such Trading Financier for all Markets. In case where Financees unable to re-finance the leverage buys, such Financees shall be required to settle such leverage buys through NCSS Balance Order.

All other open MT Contracts of the suspended Trading Financier shall be released on their respective Maturity Dates and will be settled in pko bp forex opinie with the relevant Regulations of NCCPL and CDC. Browse Recent Presentations Presentation Topics Presentation Channels Featured Presentations.

Presentation Creator new Upload Login. Home Users Business Fashion Health Science News More Topics. Margin Trading System- MTS PowerPoint Presentation.

Email Presentation to Friend. Create Presentation Download Presentation. By ziva Follow User. Legal Frame Work The operations of MTS are governed under the following: Copyright Complaint Adult Content Flag as Inappropriate.

Margin Trading System- MTS Legal Frame Work The operations of MTS are governed under the following: Securities Leveraged Market and Pledging Rules, ; NCCPL Regulations; NCSS Procedures; Relevant Regulations of the Stock Exchanges; and CDC Regulations.

Margin Trading facility is made available only in Eligible Securities. Margin Trading System- MTS Overview The Financees are allowed to release their MT Contract at any given point of time during the entire MT Contract period and can roll-over in MT Market.

Margin Trading System- MTS Overview Broker Trading Financiers are allowed to provide financing in MTS through their own funds, funds borrowed from financial institution and through their individual clients as well.

Margin Trading System- MTS Overview Risk management measures such as exposure margins, concentration margins, liquidity margins and MTM are applied on MT Contract.

Margin Trading

Margin Trading System- MTS Eligible Trading Financiers The following entities will be eligible to apply to NCCPL for admission as Trading Financiers: BCM holds a membership of stock exchange s ; no action is pending in any court or has been initiated by the concerned stock exchange s or the SECP against such BCM; BCM is not in breach of NCCPL Regulations or any law or other regulations; BCM submitted an addendum to the agreement to NCCPL; and BCM meets the minimum net capital balance requirement.

Margin Trading System- MTS MT Eligible Securities NCCPL declares list of MT Eligible Securities based on the eligibility criteria. Margin Trading System- MTS Risk Management Measures A. Capital Adequacy Requirements Following conditions are applicable on MT Participant w. Margin Trading System- MTS Risk Management Measures C.

Position Limits for Financees. Margin Trading System- MTS Default Management NCCPL shall manage default on MT Contract as per the following Procedures: Financee Default Marked-to Market Losses In case of non-payment of MTM Losses, Financee shall be required to identify the defaulted UIN of its client to NCCPL. NCCPL shall suspend such UIN for taking position in all Markets. Margin Trading System- MTS Financee Default Marked-to Market Losses In case of non-squaring-up by NCCPL, all open MTS Contracts of such defaulted UIN shall be Released.

MT Contract of such defaulted UIN shall be treated as closed. Margin Trading System- MTS Financee Default Marked-to Market Losses Relevant Financee shall also be penalized as follows: Margin Trading System- MTS Financee Default Settlement In case where Financee fails to settle his money obligation on the settlement date of MTS RNCCPL shall suspend such Financee in all Markets. All margins of a suspended Trading Financier, held by NCCPL shall be liquidated.

Respective Financees shall be given an opportunity to re-finance from MT Market. Margin Trading System- MTS Market Information NCCPL disseminates the following key statistics pertaining to MTS through its website: Total funding provided in each MT Eligible Security. Total amount of MTS funds released during the day and re-financed. Weighted average rate of mark-up charged in each of the MT Eligible Security for the day.

Previous Presentation Closing Remarks. Next Presentation from tycoon. Download Presentation Connecting to Server. About Us Advertise Terms of Use Privacy Policy Contact Us Blog. All rights reserved Powered By DigitalOfficePro.