Collateral
Liquid Assets
Clearing members are required to provide liquid assets which adequately cover various margins and liquid net worth requirements. A clearing member may deposit liquid assets in the form of cash and fixed deposit receipts and any other form of collateral as may be prescribed from time to time.
Forms of Collateral:
- Cash
- Bank Fixed Deposit Receipts (FDRs)
- Bank Guarantee (BG)
- US Treasury Bills