e-series February 2012 Aditya Birla Money

Transcription

1 e-series February 2012 Aditya Birla Money Copyright Aditya Birla Money Mart Limited 2010

2 Investment Options in Gold Investing in e-series looking for a convenient Option We have an answer to both these problems!

3 e-series : A new Option Through e-series, you can buy commodities and hold them in Demat form and convert them to physical form when required. A Unique Invest Plan that lets you accumulate in multiples of 1 Gram & 100 Grams

4 Contract Specification e-gold Contract Symbol E-GOLD Lot size 1 gram Trading Unit - 1 unit of E-GOLD, which is equivalent to 1 gram of Gold Price Quote - Per 1 gram Gold of 995 purity Tick size (minimum price movement)- 10 paise per unit Daily Price Range - 5 % Maximum order size units Initial Margin - 5% Delivery Margin - 10%

5 Demat delivery parameters e-gold ICIN INC Settlement cycle T+2 Delivery unit - 1 unit and multiple thereof. Delivery shall be accepted only in demat form. Quality Specifications - Per 1 gram Gold of 995 purity Delivery Logic - Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day. 5

6 Contract Specification e-silver Contract Symbol E-SILVER Lot size 100 gram Trading Unit - 1 unit of E-SILVER, which is equivalent to 100 gram of Silver Price Quote - Per 100 gram Silver of 999 purity Tick size (minimum price movement)- 10 paise per unit Daily Price Range - 5 % Maximum order size units Initial Margin - 5% Delivery Margin - 10% 6

7 Demat delivery parameters e-silver ICIN INC Settlement cycle T+2 Delivery unit - 1 lot (equivalent to 100 Demated units of E- Silver) Quality Specifications - Per 100 gram Silver of 999 purity Delivery Logic - Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day. 7

8 Contract Specification e-copper Contract Symbol E-COPPER Lot size 1 UNIT Trading Unit - 1 unit of E-COPPER, which is equivalent to 1 Kilogram of Copper Price Quote/ - Per 1 Kilogram Copper exclusive of VAT/ CST as applicable Tick size (minimum price movement) paise per unit Daily Price Range - 5 % Maximum order size - Initial Margin - 5% Delivery Margin - 10% units 8

9 Demat delivery parameters ICIN INC Settlement cycle T+2 Delivery unit - 1 unit (equivalent to 1 Kg Demated units of E-Copper) Quality Specifications - Per 1 Kg e-copper (GRADE 1 COPPER CATHODE: Copper Cathode conforming to standards as defined under ASTM B (Reapproved 2004)/BS EN1978:1998(Cu Cath-1)/IS 191, Confirming to LME Grade A. In dematerialized form) Delivery Logic - Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day. 9

10 Contract Specification e-zinc Contract Symbol E-ZINC Lot size 1 UNIT Trading Unit - 1 unit of E-ZINC, which is equivalent to 1 Kilogram Price Quote - Per 1 Kilogram % Copper exclusive of VAT/ CST as applicable Tick size (minimum price movement) paise per unit Daily Price Range - 5 % Maximum order size units Initial Margin - 5% Delivery Margin - 10% 10

11 Demat delivery parameters e-zinc ICIN INC Settlement cycle T+2 Delivery unit - 1 unit (equivalent to 1 kg Demated units of E-Zinc) Quality Specifications - Per 1 kg (Zinc Ingots of % purity conforming to BS EN 1179:2003 In dematerialized form) Delivery Logic - Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day. 11

12 Contract Specification e-lead Contract Symbol E-LEAD Lot size 1 UNIT Trading Unit - 1 unit of e-lead, which is equivalent to 1 Kilogram Price Quote - Per 1 Kilogram % Copper exclusive of VAT/ CST as applicable Tick size (minimum price movement) paise per unit Daily Price Range - 5 % Maximum order size units Initial Margin - 5% Delivery Margin - 10% 12

13 Demat delivery parameters e-lead ICIN INC Settlement cycle T+2 Delivery unit - 1 unit (equivalent to 1 kg Demated units of E-Lead) Quality Specifications - Per 1 kg (In dematerialized form) Delivery Logic - Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day. 13

14 Contract Specification e-nickel Contract Symbol E-NICKEL Lot size 1 UNIT Trading Unit - 1 unit of e-nickel, which is equivalent to 1 Kilogram Price Quote - Per 1 kilogram of Nickel with 99.80% purity. Price is exclusive of VAT / CST as applicable Tick size (minimum price movement) paise per unit Daily Price Range - 5 % Maximum order size units Initial Margin - 5% Delivery Margin - 10% 14

15 Demat delivery parameters e-nickel ICIN INC Settlement cycle T+2 Delivery unit - 1 unit (equivalent to 1 kg Demated units of E-Nickel) Quality Specifications - Per 1 kg (In dematerialized form) Delivery Logic - Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day. 15

16 Physical delivery parameters Documents to be submitted through respective Depository Participant: The said units can be transferred from CM Pool a/c or beneficiary account to the Exchange beneficiary account through the process of off market. e-series S.NO. Depository DP ID DP NAME CLIENT ID 1 NSDL IN NSEL CDSL NSEL The said units can be transferred from CM Pool a/c or beneficiary account to the Exchange beneficiary account through the process of off market. The Member / Client needs to submit the Surrender Request Form (SRF), copy of the Delivery Instruction Slip (DIS) and Identity proof of the Authorized person, who will lift the delivery from the delivery center. 16

17 Physical delivery parameters (CONT.) NSEL intimates the confirmation of physical delivery readiness and the Conversion charges to the Member / Client through which is provided in the SRF. The Exchange also provides the contact details of the delivery centre to the client. e-series The payment has to be made by the client at the specified delivery centre by cheque favoring NATIONAL SPOT EXCHANGE LIMITED if it is more than Rs.50,000/- client should provide DD. The delivery will be allowed only on providing original SRF/IDENTITY PROOF of the client the delivery will be provided to the client /authorized representative after due verification done by the exchange official. Once delivery given the acknowledgement collected from the client by the exchange. The Exchange makes necessary arrangement of physical commodity at the requested delivery centre within 7 working days from the date of receipt of SRF & E-series units. However the same can be extended up to 15 days in case of non availability of the commodity at specific denominations at the particular delivery centre. 17

18 Delivery Centers Available across India Delivery Centre Commodity KOLKATTA E-Gold & E-Silver CHENNAI E-Gold & E-Silver HYDERABAD E-Gold & E-Silver JAIPUR E-Gold & E-Silver MUMBAI E-Gold & E-Silver AHMEDABAD E-Gold & E-Silver DELHI E-Gold/E-Silver/E-Copper/E- Zinc & E-Lead KOCHI E-Gold BANGALORE E-Gold LUDHIANA E-Nickel 18

19 Physical Delivery Charges Gold: Denomination available Charges (Per coin/ Bar) Silver: Denomination s coin / bar) 8 grams 10 grams 100 grams 1 kg 400/- 400/- Nil Nil 100 grams 500 grams 1 Kg 5 Kg 30 Kg Charges (per coin / bar) for sliced cut bar / silver granules Charges (per coin / bar) for finished & fine bar Nil Nil Nil Nil Nil 1000/- 2000/- 2500/- 4000/- Nil 19

20 Physical Delivery Charges Copper Denominations 60 Kgs to 2.5 MT Every 2.5 MT Lot Unpacking charges (per delivery lot) 100/- per lot of 60 Kg Nil Zinc Denominations 25 Kg to 1 MT Every 1 MT lot Unpacking charges (per delivery lot) 50/- per lot of 25 Kg Nil 20

21 Physical Delivery Charges Lead Denominations 24 Kg to 1 MT Every 1 MT lot Unpacking charges (per delivery lot) Nickel 50/- per lot of 24 Kg Nil Denominations 90 Kg to 1.5 MT Every 1.5 MT lot Unpacking charges (per delivery lot) 2000/- per lot of 90 kg Nil 21

22 Happy Investing 22