Change in Collateral Timings for Commodity Derivatives Segment
NSE circular 0264/2026 · 21 Jul 2026
Official title
Change in Collateral Timings
Official record
Open source pageSummary
Check the official recordWhat changed
NSE Clearing Limited has revised the collateral addition and release timings for the Commodity Derivatives Segment following member feedback. The update modifies the intraday release cutoff for Cash and FDR to 9:00 PM and introduces a structured schedule for the release of pledged securities across 16 batches and an end-of-day (EOD) slot. Clearing members requesting the release of repledged securities for pay-in requirements must submit such requests one day prior to the pay-in date. These changes are effective from July 22, 2026.
What you must do
- Clearing members must ensure that requests for the release of repledged securities towards pay-in requirements are made one day prior to the pay-in date.
Key dates
- Effective from
- 22 Jul 2026
- Effective date of revised collateral timings
Document text
NSE Clearing Limited
| DEPARTMENT: COMMODITY DERIVATIVES SEGMENT | |
|---|---|
| Download Ref No: NCL/COM/75319 | Date: July 21, 2026 |
| Circular Ref. No: 0264/2026 |
All Members/Custodians/PCM
Sub: Change in Collateral Timings
This is with reference to circular ref. no. 0156/2026 (Download Ref No: NCL/COM/74020 dated April 30, 2026) regarding timings for collateral addition and release.
Based on the feedback received from the members the revised timing for collateral addition and release shall be as follows:
| Type | Current cut off time | New cut off time |
|---|---|---|
| Cash and FDR Addition | 10:00 PM | 10:00 PM |
| Cash and FDR Release: | ||
| Intraday | 8:00 PM | 9:00 PM |
| End of Day | 8:00 PM | 8:00 PM |
| Allocation | 11:30 PM | 11:30 PM |
| Pledge Securities | |
|---|---|
| Batches | New Release Timing |
| 1 | 8:30 AM |
| 2 | 9:00 AM |
| 3 | 9:30 AM |
| 4 | 10:00 AM |
| 5 | 11:00 AM |
| 6 | 12:00 PM |
| 7 | 1:00 PM |
| 8 | 2:00 PM |
| 9 | 3:00 PM |
| 10 | 3:30 PM |
| 11 | 4:00 PM |
| 12 | 4:30 PM |
| 13 | 5:00 PM |
| 14 | 6:00 PM |
| 15 | 7:00 PM |
| 16 | 8:00 PM |
| EOD | 9:00 PM |
*In case of request for release of repledged securities towards pay-in requirement clearing members should ensure that such request is made one day prior to pay-in and not on the pay-in date.
The above timings shall be made effective from July 22, 2026.
For and on behalf of NSE Clearing Limited
Huzefa Mahuvawala Chief Risk Officer
| Telephone No | Email id |
|---|---|
| 1800 266 0050 (IVR Option 2) | collaterals_ops@nsccl.co.in |
Non-Confidential
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 21 Jul 2026
- Document number
- 0264/2026
- Issuing division
- Commodity Derivatives Segment
- Effective date
- 22 Jul 2026
- Coverage area
- securities