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DAS, DAC
Buyer
After the execution of pay-in from the settlement account on Pay-in day as prescribed
by the Exchange, PXIL will unblock the buyer’s margin account to the extent of funds
received. This amount will be available to the buyer for subsequent trading on various
products.
Seller
At present there are no margin requirements for sellers.
Week Ahead
Buyer
Four days prior to the contract expiry, on receipt of Pay-in, the buyer’s margins
would be unblocked for one day and the trading limits increased to the extent of
their unblocked margin at end of the day. This process would continue till the contract
expires.
Seller
Margins would be recalculated and revised Rs 0.10/- of the outstanding approved
trade value at all points in time till the end of delivery of power.
Margin release for members
Members can request for the release of free additional margins available with PXIL.
The same would have to be sent to PXIL before 5:00 p.m. on any working day in the
format prescribed by the Exchange. The release request would be processed by next
working day. Any request received after the specified time will be treated as having
been received on the next working day and will be processed accordingly.
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