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Requirements
for Registration . . .
The client
has to sign the following before he/she trades:
 Client
registration form
Member Client Agreemen
Risk disclosure form
The initial margin to be paid is upfront.
Trading in derivatives do not require the payment of whole of the
amount of the value of the contract, but only the margin is required
to be paid to the NSCCL.
Margin collected will be atleast 12% of contract value
Margin requirement would be 12% in case of spread position
Mark
to market settlement:
Mark to market profit/ loss would be done on daily basis. In case
of failure the position shall be squared off.
Charges
for the clients:
Brokerage
ranging from 0.03% to 0.05% of the total Transaction Value.
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SEBI
