Modified Carry Forward System (MCFS)

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..... rd System (MCFS) Based on the recommendations of the Risk Management Group constituted by SEBI the following decisions have been taken : Incremental Carry Forward Margin (ICFM) The Incremental Carry Forward Margin as prescribed by SEBI vide its Circular 19 dated July 2, 1999 will now be charged as a combination of slabs based on percentage (of total number of shares paid up) and absolute outsta .....

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..... % Exceeding 7% going upto 8% 23% Exceeding 400 30% Exceeding 8% 30% Once this margin is imposed by any Exchange having ALBM or MCFS facility, the other Exchanges having ALBM or MCFS will also follow the same from the start of next settlement. Mark to Market Margin (MTM) Mark to Market Margin shall be collected separately from daily/exposure margin as the purpose of these margins is diffe .....

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