CBSE Book Class 12 Clearing Reports Downloads

Chapter 9 Clearing Reports Downloads

Learning Objectives:

After reading this chapter, you should be able:

1. To recall the knowledge related to the data in clearing software.

2. To classify among the various types of reports.

3. To acquire practical aspects related to clearing reports.

4. To apply the knowledge of reports and file transfer protocol in the real life situation.

Your guide engine to learning:

9.1 Introduction

9.2 Obligation Reports

9.2.1 Daily Obligation Statement

9.2.2 Daily Obligation Statement of No-delivery Securities

9.2.3 Daily Obligation Statement of Custodial Trades

9.2.4 Daily Obligation Statement of No-delivery Custodial Trades

9.2.5 Final Settlement Obligation Statement

9.2.6 Final Settlement Obligation Statement of Custodial Trades

9.3 File Transfer Protocol

9.4 Annexure: Sample Reports

9.1 Introduction

As we have already discussed in the previous chapters, that all the trades are settled by the NSCCL. For this the CC makes available the data related to the obligations related to the members. For this a DAT file is created by the NSCCL which contains the data regarding trades, obligations, deliveries, auctions, corporate actions and valuation prices for the day. It is generated and downloaded to members through V-SAT into their PC’s directly. The file is downloaded to C:\CMCLRG\DNLD by 8.00 p.m. every day. The DAT files are also available on the EXTRANET in the folder/member/clearing. The clearing software provides a number of reports useful for the trading member.

9.2 Obligation Reports

For all the types of Obligations Reports described below, the member has to select settlement type, settlement number, and trade date for which the report is needed.

9.2.1 Daily Obligation Statement

This report contains obligations of a Clearing Member (computed after segregation of the custodial trades for Trading Members). This is a daily report which is downloaded at the end of the trading day to each Clearing Member. This report provides security-wise information on:

(a) Daily purchases and sales and their value.

(b) Cumulative purchases and sales, and their value for the trading period.

(c) Cumulative net purchases or net sales and their value for the trading period.

9.2.2 Daily Obligation Statement of No-Delivery Securities

This report is for the securities in No-Delivery. This report provides daily as well as cumulative purchase and sale position of Clearing Member for securities in no-delivery across the trading periods. At the end of the No-Delivery period, these securities get added to the obligation statement of the next settlement. This report also gives information on No-Delivery period for a security and the settlement number in which it has to be settled.

9.2.3 Daily Obligation Statement of Custodial Trades

This report contains information on trades done by members on behalf of custodial clients which are to be settled by the custodians

Please refer to the link below for - CBSE Class 12 Clearing Reports Downloads