Products & Services

Margin Financing System (MFS)

Following are the key features of MFS:

Margin Financing (MF) facility is made available to all Members against net ready market purchases of their clients and proprietary positions.
MF can be obtained as per agreed Financier Participation Ratio (FPR). However, minimum of 25% or VaR whichever is higher should be contributed by Financee.
Financing terms and conditions are pre-determined by Margin Financee and Margin Financier.
NCCPL provides a system to MF Participants for recording and settlement of MF Transactions.
Margin Financing facility is made available only in Eligible Securities.
All MF Transactions are based on counterparty risk in a disclosed manner.
NCCPL manages risk management of Financier until settlement of MF transaction.
Financier will manage RMS of Financee directly.
Securities are delivered in the MF Blocked CDS A/C of Financier.