Sensex

Thursday, August 25, 2011

Fw: Penalty for Insufficient Margin in the Derivatives Segment

 

Sharekhan Mailer
Dear Customer,

Thank you for your continued patronage of our products and services.

We write to inform you that pursuant to the SEBI circular no. CIR/DNPD/7/2011 dated August 10, 2011 Exchanges will start levying penalty on Trading Members on short collection of margin or non collection of margin in the derivatives segment (F&O and Currency Derivatives) with effect from September 01, 2011.

In pursuance of the above we further wish to inform you that in case any penalty is debited by the Exchange due to insufficient margin in your trading account the same would be passed on /debited to you.

We request you to please maintain sufficient margin in your account for all your transactions in derivative segment.

Kindly feel free to contact our customer service department at 1800-22-7500 /39707500 or write us at myaccount@sharekhan.com in case of any queries. Alternatively you could also get in touch with your nearest Sharekhan shoppe.

Warm regards,
Team Sharekhan
Registered Office: Sharekhan Limited, 10th Floor, Beta Building, Lodha iThink Techno Campus, Off. JVLR, Opp. Kanjurmarg Railway Station, Kanjurmarg (East), Mumbai - 400 042, Maharashtra. Tel: 022 - 61150000. Sharekhan Ltd.: SEBI Regn. Nos. BSE Cash-INB011073351; F&O-INF011073351; NSE - INB/INF231073330; CD - INE231073330; MCX Stock Exchange: CD - INE261073330; United Stock Exchange: CD - INE271073350; DP: NSDL-IN-DP-NSDL-233-2003; CDSL-IN-DP-CDSL-271-2004; PMS INP000000662; Mutual Fund: ARN 20669. Commodity trading through Sharekhan Commodities Pvt. Ltd.: MCX-10080; (MCX/TCM/CORP/0425); NCDEX -00132; (NCDEX/TCM/CORP/0142); National Spot Exchange Ltd :12790; for any complaints email at igc@sharekhan.com ;
Disclaimer: Client should read the Risk Disclosure Document issued by SEBI & relevant exchanges and Do's & Don'ts by NCDEX, and the T & C on www.sharekhan.com before investing.