What precautions are to be kept in mind in case of securities expected to be received in pay-out?

Only free and unencumbered balances of securities available with the Member for respective client in different segments of the Exchange shall be considered for margin collection and reporting. Accordingly, only securities received in pay out shall be considered only after it is actually received from the clearing corporation. However pay- in received from clients for such securities may be considered while calculating the ledger balance for the purpose of reporting of margins till T+1.


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