SETTLEMENTS DELIVERIES

abhishreshthaa

Abhijeet S
Settlements – Deliveries


Can actual delivery of the commodity be done on Expiry?


A Member can give and take delivery of commodities by completing the Delivery formalities and giving delivery information to the Exchange


Settlements – Deliveries


What are procedures required before Delivery?


Opening a CM Pool account for the purpose of settlements


Beneficiary Demat account for own transactions


Opening of Client’s Demat account with the empanelled DP



The List of DPs empanelled so far


ICICI Bank

UTI Bank

Canara Bank

Global Trust Bank

Infrastructure leasing & Financial Services (ILFS)



Settlements – Deliveries


When is the delivery information submitted ?


The Information can be submitted any time during the trading hours on the Expiry Date


Information submitted – Thru the delivery request window on the Trading

Terminal

Settlements - Deliveries


Information required for Delivery

Commodity code

Quantity

Location/branch preference for physical receipt/delivery of commodities
Demat Indicator

In case two Members want to undertake direct delivery, the Counter party Code has to be specified

 
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