Update in Formats for Currency Derivatives Segment
NSE circular NCL/CD/75182 · 13 Jul 2026
Official title
Update in Formats - Currency Derivatives Segment
Official record
Open source pageSummary
Check the official recordWhat changed
NSE Clearing Limited updates the formats for agreements and annexures in the Currency Derivatives segment. This update follows the consolidated circular dated April 30, 2026. The revised documents include formats for bank guarantees, deeds of pledge, and agreements for placing government securities or treasury bills as collateral. Members must use these updated formats for their submissions. The changes apply to six specific categories of documents including margin deposit guarantees and foreign sovereign securities collateral documentation.
What you must do
- Members must use the revised formats for agreements and annexures.
Key dates
- Date of circular issuance
- Not dated
Who is affected
Document text
NSE Clearing Limited
| DEPARTMENT: CURRENCY DERIVATIVES | |
|---|---|
| Download Ref No: NCL/CD/75182 | Date: Jul 13, 2026 |
| Circular Ref. No: 031/2026 |
All Members,
Subject: - Update in formats - Currency Derivatives Segment
This is further to the consolidated circular bearing reference number NCL/CMPT/73998) dated April 30, 2026.
Members may hereby note the revised formats for the below mentioned Agreements/Annexure
| Sr. No. | Format | Annexure |
|---|---|---|
| 1 | Format of Bank Guarantee for Margin Deposit (Fungible) | Annexure 1(A) |
| 2 | Format of Bank Guarantee for Margin Deposit and Security Deposit (Non-Fungible) | Annexure 1(B) |
| 3 | Format of Renewal of Bank Guarantee towards Margin Deposit and Security Deposit | Annexure 2 |
| 4 | Format of Deed of Pledge | Annexure 3 |
| 5 | Format of agreement for placing G-Sec/T-Bills as collaterals | Annexure 4 |
| 6 | Documents for acceptance of Foreign Sovereign Securities as Collateral | Annexure 5 |
For and on behalf of NSE Clearing Limited
Anil Suvarana Associate Vice President
| Telephone No | Email id |
|---|---|
| 18002660050 ( IVR Option 2 ) | support@nsccl.co.in |
Source details
- Source
- National Stock Exchange of India
- Type
- circular
- Published by source
- 13 Jul 2026
- Document number
- NCL/CD/75182
- Issuing division
- CURRENCY DERIVATIVES
- Coverage area
- securities