ARG COMPLIANCE MANUAL - Rathi Online

RMS PROCESS FLOWMARGINS AND LIMITSAUTOSQUAREOFF PROCEDURECOMMON RMSLimit Calculation for online client & offline clientAll exchange limit - Sum of Following (For all Online / Offline client)o Clear Cash balanceo 1/3 of unclear cheque and CMS in Cash segmento NSECDS and F&O Ledgero NSECDS and F&O Collateralo CMS in F&O and NSECDS segmento Minus Unsettle sale valueo Collateral benefit on holding lying in DP. Pool and BTSTNSECDS and F&O Limit – Only for NON LOA (Offline):Sum of Followingo NSECDS and F&O Ledgero NSECDS and F&O Collateralo NSECDS and CMS in F&O segmentSome point to be noted:o Non Loa client will able to take Cash market position on the basis of free F&O and CDSLimit.o Non LOA client couldn‟t take position in F&O or in CDS segment on the basis of freecash balance.o No separate F&O and CDS limit is calculated for LOA client.o Client can use free F&O and CDS deposit for additional buying in cash segment and viceversa.Summary of Limit StatusClient TypeLOA TypeCombined Limit( Cash + F&O + NSECDS ) F&O Limit CDS LimitOnline LOA YES NO NOOnline NON LOA YES NO NOOffline LOA YES NO NOOffline NON LOA YES YES YES38