Important information India

Barclays Securities India Pvt Ltd, offers robust platform to its clients to trade in Equities cash segment, ETFs, Equity Derivatives, Currency Derivatives through NSE & BSE and other investment options like Offer for Sale, IPOs etc. Investors are provided with an execution platform along with unbiased research across sectors, economy and scripts.

Details regarding margin requirements, collateral requirements and settlement calendar are mentioned/attached below:

Margin requirements

1. Cash Segment
   1. BSIPL charges margins equivalent to 1.25 times the margins charged by the Exchange i.e. (VaR, Extreme Loss Margin and Special Margins (if any)). See exchange margins for NSE and BSE.
   2. BSIPL charges additional ad hoc margin from time to time for specific securities which shall be duly updated as and when levied.
   3. Any purchase of securities in cash equities under product type Cash and Carry (‘CNC’) shall attract 100% margins (upfront payment of settlement value), whereas any purchase under product type Normal (‘NRML’) or ‘Intra Day’ shall attract BSIPL margins as mentioned in ‘a’ above.
   4. In case of Sale of securities in cash equities under product type ‘CNC’ (i.e. where securities are held in the Demat account of the client with BSIPL and where BSIPL has been granted Power of Attorney (POA)), no margin is charged by BSIPL. Further, credit exposure shall be granted against sale amount of shares under ‘CNC’. For sale of shares under product type ‘NRML’ or ‘Intraday’, BSIPL margins as mentioned in ‘a’ shall be applicable.

2. Equity Derivatives Segment
   1. BSIPL charges margins equivalent to 1.25 times the margins charged by the Exchanges i.e. (Initial Margins (SPAN) and Exposure Margins). See Exchange SPAN and Exposure margins, Currency Derivatives SPAN and Exposure margins
   2. Mark to Market (MTM) margins are charged and collected basis by the exchange on a daily basis. The MTM margins shall have to be provided to BSIPL latest by 10.00 AM on T + 1 day. MTM margins shall always be collected and remitted to BSIPL’s Broker margin bank account.
   3. Exposure in derivatives segment shall be provided only if the cash margins and the value of securities deposited as collaterals with BSIPL are sufficient to cover the margins requirements as mentioned in pt. ‘a’ above.

3. Currency Derivatives Segment
   1. BSIPL charges margins equivalent to 1.25 times the margins charged by the Exchanges i.e. (Initial Margins (SPAN) and Exposure Margins). See CD SPAN and CD exposure margins.
   2. Mark to Market (MTM) margins are charged and collected basis by the exchange on a daily basis. The MTM margins shall have to be provided to the BSIPL latest by 08.00 AM on T + 1 day. MTM margins shall always be collected and remitted BSIPL’s Broker margin bank account.
   3. Exposure in derivatives segment shall be provided only if the cash margins and the value of securities deposited as collaterals with BSIPL are sufficient to cover the margins requirements as mentioned in pt. ‘a’ above.

Collateral requirements

Clients may fund the margins requirements (depending on the product type) in various forms:

• Cash – Clients may make available cash balances in BSIPL’s Broker margin bank account to fund their transactions.
• Securities – Clients may pledge approved securities (NSE EQ [ZIP, 264KB] / NSE FNO [ZIP, 262KB]/ NSE CD [ZIP, 188KB]) with BSIPL to obtain collateral margins against them However, the value of the securities shall be arrived post deduction of haircut. The haircut shall be 1.25 times (VaR, Extreme Loss Margin and Special Margins (if any))

Broking Form (Individual & Non-Individual)

Please view our dedicated Barclays India site for Broking forms.

Portfolio Management Service (PMS) is an active portfolio management offering in which the portfolio is constructed as per the investment objectives and constraints specified by the client. The client has access to the services of a professional investment manager.

Barclays Private Clients offers discretionary,non-discretionary and advisory PMS. In discretionary PMS, the clients funds are managed by the portfolio manager who is responsible for stock selection and executing investment decisions. Non-discretionary PMS is a consultative investment approach wherein the portfolio manager suggests investment ideas. The choice and timing for investment rests with the investor while the execution of the investment decision is done by the portfolio manager. In advisory PMS the portfolio manager offers non binding investment advice.

Barclays Securities (India) Private Limited (BSIPL) is registered with SEBI as a Portfolio Manager. The Disclosure Document [PDF, 4.1MB] has been filed with SEBI as per SEBI (Portfolio Managers) Regulations, 1993.

If you have any comments or feedback on our products or services, please email us

References to “you”, “yourself” and “your” means the account holder availing the relevant Services from us either in the capacity of a sole/first named account holder or a joint account holder.

For the high level summary of the key changes to the Updated Terms and Conditions, please view the Summary of Key Changes to Services terms and Conditions. [PDF, 171KB]

Terms and Conditions

Investment Execution Services [PDF, 266KB]
Advisory Services [PDF, 237KB]
Discretionary Portfolio Management Services [PDF, 352KB]
Non-Discretionary Portfolio Management Services [PDF, 246KB]
Broking Services - Additional Rights and Obligations of Stock Brokers and Clients [PDF, 150KB]
Depository Services - Letter of Confirmation – Individuals  [PDF, 57KB]
Depository Services - Letter of Confirmation – Non Individuals [PDF, 60KB]
General Terms and Conditions [PDF, 395KB]

Details of updated Commercial Disclosures for Mutual Fund schemes.