Where the client has given Running Account Authorisation for a 90 days:


Once in a calendar quarter between 80th day and 90th day on a best effort basis the eligible funds which is ledger balance minus 225% of margin requirement on open positions will be released.  Further, consolidated balance (equity segment and commodity segment) considered while processing the running account settlement


Where the client has given Running Account Authorisation for a 30 days:


Once in a calendar month between 25th day and 30th day on a best effort basis the eligible funds which is ledger balance minus 225% of margin required for open positions will be released.  Further, consolidated balance (equity segment and commodity segment) considered while processing the running account settlement



Value of securities (after applying appropriate haircut) accepted as collateral from the clients by way of 'margin pledge will be first considered for margin requirement for the purpose of Running Account Settlement (RAS).