STCM registered with the Exchange may, in addition to existing rights and responsibilities as TCM, shall be entitled to and liable to settle and clear the trades/transactions done by the Members affiliated with it viz. TCMs or TMs.
Members are permitted exposure on the Base Capital.
Members will not be permitted exposure on the Base Minimum Capital and IFSD.
Net worth is required to be computed as per L.C.Gupta method.
All clearing members required to maintain a Minimum Liquid Networth of Rs 50 lakh at all points. Kindly refer to circular no.NCDEX/RISK-014/2018/194 dated August 07, 2018. No exposure will be allowed on the same.
In terms of circular number NCCL/MEMBERSHIP-005/2018 dated November 14, 2018, all Clearing Members are required to maintain additional Cash Security Deposit of Rs.10 lakhs in cash for every Trading Member registered with them. Exposure shall be given on such additional Cash Security Deposit.