Description
Special timing schedule for collateral management operations during the Muhurat Trading session on October 21, 2025.
Summary
Indian Clearing Corporation Limited has announced special timings for collateral-related operations during the Muhurat Trading session scheduled for October 21, 2025. This circular references Exchange Notice No. 20250922-21 dated September 22, 2025, and provides specific time windows for cash deposits, cash releases, securities release cut-off, and collateral allocation.
Key Points
- Cash deposit operations: 11:00 to 17:00
- Cash release operations: 11:00 to 17:00
- Securities release cut-off time: 17:00
- Collateral allocation: 11:00 to 17:00
- Applicable only for Muhurat Trading session on October 21, 2025
Regulatory Changes
No permanent regulatory changes. This is a temporary operational adjustment for a special trading session.
Compliance Requirements
Members must adhere to the specified timings for all collateral-related activities during the Muhurat Trading session. For clarifications, members should contact their Relationship Managers or the Collateral Management team at:
- Phone: 022 22728121/8467, 022 22728881/5648, 022 22728702/5693
- Email: collaterals@icclindia.com
Important Dates
- October 21, 2025: Muhurat Trading session with special collateral timings
- Collateral Operations Window: 11:00 to 17:00 hours
- Securities Release Cut-off: 17:00 hours
Impact Assessment
Limited operational impact restricted to the Muhurat Trading day. Members need to plan collateral management activities within the specified time windows. The extended operating hours (until 17:00) provide sufficient time for collateral operations during this special trading session.
Impact Justification
Operational circular specifying collateral management timings for a special trading session. Affects members' collateral operations but is limited to a specific day.