InvestorQ : How are the Retail Transactions in G-Secs executed at the Exchange?
Arya Nanda made post

How are the Retail Transactions in G-Secs executed at the Exchange?

Answer
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Dawn Cherian answered.
1 year ago


Eligibility Criteria for Members: The Members of the Segment possessing a net-worth of Rs. 1 crore and above are eligible to trade in the Retail Debt segment. The members are required to submit additional contribution of Rs. 5 lakhs as refundable contribution towards the separate Trade Guarantee Fund for this Segment. This contribution of Rs.5 lakhs towards the Trade Guarantee Fund could be submitted in terms of cash or FDR or Bank Guarantee. However, the Exchange has permitted the Members to earmark Rs.5 lakhs from their additional capital for a period of one month or till such time separate contribution for TGF is provided by them, whichever is earlier.