ARG COMPLIANCE MANUAL - Rathi Online

REPORTABLE MARGIN(includes Ledger balance inF&O, ledger balance in BSECash Market, Ledger balancein NSE cash market,collaterals accepted by us,family a/c credits - mapped inback-office at the end of dayor CMS entries receivedbefore 9.30 a.m. on thesquare off day)REQUIRED MARGIN(includes initial margin/exposure margin/ M TOM /any other Adhoc orspecial margin imposedby Exchange on time totime at the end of day)1. Reportable margin (A) is less than 30% of RequiredMargin (B) Auto Square will take place to the extent ofshortfall, in the morning between 9.55 a.m. to 10.30a.m.on next day2. Reportable margin (A) is between 30 to 60% ofRequired Margin (B); Auto Square will take place to theextent of 50% of shortfall in the afternoon between2.00 p.m. to 2.45 p.m.on next day3. Reportable margin (A) is below 75% of RequiredMargin (B) for 3 consecutive days ; Auto Square willtake place to the extent of 50% of shortfall in theafternoon between 2.00 p.m. to 2.45 p.m. on 4th dayType of Risk Reports:Square off Report – This report will include list of clients in Auto square-off categories.Priority & procedure:7. The branch has to enter CMS Slip No. in Webrms before the cut off time for square off.Additional collateral given by the client has to be confirmed by the branch via an email fornecessary exclusion of the client from the auto square off list.8. RMS will take out the square off report at around 9.30 a.m and 1.45 p.m once the collection ofcheques / Securities collateral is updated in the back office system.9. Square off will be done in morning and afternoon session on the Basis of FNO Square offreport.10. Client will be suspended from ODIN in FNO segment for 35 minutes in morning (Between9.55 – 10.30 a.m.) and 45 minutes in Afternoon. (Between 2:00 – 2.45 p.m.)11. Scrips consuming higher margins will be squared off from ODIN Admin terminal to thenearest tradable lot size covering the shortfall amount.12. In case the overall margin required is short by Rs. 20000 or less then the client will beexcluded from the Square off list.13. The amount of square off will be the amount remaining after the difference of Reportablemargin and the Total Margin required.14. The client will be reactivated again at 10.30 a.m and 2.45 p.m respectively.46