ARG COMPLIANCE MANUAL - Rathi Online

1.2. Trade FilesTrade file is downloaded by the Member from the Exchange on daily basis. Thisfile shows the details of all the transactions executed by a Member across all hisCompliance Guide terminals for a particular trading day. It shows trade date, trade no., order no.,time of execution of a trade, quantity, rate, commodity code, Client ID etc.1.3. Register of TransactionsAll Members are required to maintain a register of transaction, which containsdetails of all trades transacted by them. This is a basic record, which eachMember is required to maintain regularly on day-to-day basis. It contains thedetails regarding the name of commodity, name of the client on whose behalf thedeals have been done, rate and quantity of commodity brought or sold. Thesedetails are maintained date-wise.1.4. Margin Deposit BookThe Members are required to maintain a margin deposit book wherein details ofall the margins collected from the clients are recorded.1.5. Client LedgerAs per Circular No. MCX/357/2006 dated September 02, 2006, every Member ofthe exchange is required to segregate and maintain exchange wise client ledger.This ledger should contain details of all the bills raised by the Member on theclients and the payment received from or made to them for trade executed and /orany other charges debited by Member to clients are recorded in client ledgers.1.6. Commodity LedgerA Member is also required to maintain a Register of Commodities where deliverytaken/received Commodity wise client wise.1.7. Bank Book and Cash BookAll Members are required to open following three types of bank accounts.a) Settlement bank accountAs per Business Rule 19 (c), Every Member of the Exchange shall havedesignated bank accounts with any of such branches of the designatedClearing Bank, which has electronic funds transfer facility. Members shalloperate the Settlement account only for the purpose of settlement of dealsCompliance Guide entered through the Exchange, for the payment of margin money and forany other purpose as may be specified by the Exchange, where themember will not have cheque book facility for issuing cheque to anyoutsiders. He can only issue cheque from this account for transfer ofmoney from this account to his Client Account. Apart from such transfer,only the Exchange will have power to withdraw money from this accountby way of direct debit instruction.b) Client bank accountAs per Business Rule 19 (C), he member can deposit all cheques receivedfrom the client and from this account he should issue cheque/DD to hisclients towards their receivable amount in client bank account. Themember will have cheque book facility in this account and he will also beentitled to issue transfer instructions to the bank for transferring money197