Settlement of Daily Obligation

The daily settlements i.e. pay-in and pay-out of funds shall be affected on a T + 1 basis (With T being referred as the Trade Date) unless specified. Any fund shortages will result into blocking of outstanding amount from the available margin limits and any actions / penalties as decided by the Clearing House from time to time may be initiated / levied. The amount blocked from the Margin limits would be released upon receipt of funds.