Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Institutional Clearing Member (ICM)
A Financial Institution has to subscribe to at least 100 equity shares of Rs.10,000 each to become an Institutional Clearing Member of COFEI. Besides they have to contribute a minimum of Rs.10,00,000 towards guarantee fund and pay Rs.1,00,000 towards admission fees. COFEI will have two Institutional Clearing Members. An institutional clearing member shall have the right to clear transactions in coffee contracts of ordinary members, trading members, trading-cum-clearing members if such transactions in coffee contracts are executed by a trading member or a trading-cum-clearing member in the trading ring. An ICM can levy clearing fee on different categories of Members up to the ceiling fixed by COFEI on clearing transactions by a Trading-cum-Clearing Member.
A non-member can also trade at the exchange through a Trading/Trading-cum-Clearing Member.
The following tools are adopted by COFEI to contain the risk.
Calculate Current cash debt coverage ratio: Financial statements for Delta Company are presented below: Delta Company Balance Sheet December 31, 2012
Q. Show the Transaction risk? This is the risk occur on short-term foreign currency transactions that the actual income or cost may be different from the income or cost expecte
Elements of Financial Management: Financial management is the term given to the overall management of an organisation's finances. It includes a number of elements, or systems,
a) Year 2 Year 1 Stock turnover (350/500) * 365 = 255.5 days (250/450) * 365 = 202.7 days
I just purchased a stock that would pay the dividends of the first four years as D1 = $0.65, D2 = $0.74, D3 = $0.79, D4 = $0.84. I also told that the dividends would grow continual
Stock on Tap: Most of the players who invest in these securities are institutions and hence the volumes are high. Considering that these securities are the first choice for ban
How and why does working capital influence the incremental cash flow estimation for a planned large capital budgeting project? Explain. Many large projects need additional worki
a) Sponsorship - refers to monetary gifts or donations in support of a business or an event venture in return for a dominant display of the sponsor's name. In this case, FC Barcelo
Case Study: Silicon Cliffs is a big private company that undertakes consultancy activities and services in the field of building construction. Silicon Cliffs has gained peoples
Q. What is the importance of investigation of incidents? 1. Incident investigation is the process of identifying the underlying causes of incidents and implementing steps to pr
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd