c



 c  


Securities Market Business is high risk business where brand name and market share assume significant
importance. Managing risk is part of ensuring that value is created, protected and enhanced and is an
integral part of any business.

c

The Risks can be largely classified as

‡ Trade Related Risks

‡ Systemic Risks

‡ Regulatory/Compliance Risks

   

These are further classified further as Credit Risk, Settlement Risk & Surveillance related risks

 !   c

Trading and Exposure limits are generally granted based on the quantum of funds/securities of the client
maintained as margin. For positions in Futures and Options segment it is ensured that adequate initial
margin and gross exposure margin is collected from the clients upfront and in case of Capital Market
segment trading limits are given based upon the client͛s risk profile and payment history

Whenever there is a deficiency in the margins or there is a Mark to Market settlement Obligations to be
met, the client is required to replenish/arrange for payment of the same filing which the client͛s open
positions and/or collaterals may be squared off and liquidated respectively at Angel͛s discretion. In case
of outstanding dues arising out of square-off of open positions Amay also initiate legal proceedings

 ! 
 ! c

We ensure that receipt of funds/securities are from the bank/demat accounts of the clients and
payment of funds/securities is effected to the bank/demat account of the client.

 ! 
"    c

We have in place adequate surveillance controls in order to ensure there are restricted/no dealings in
illiquid scrips. We also have in place various surveillance criteria which are able to detect transactions
which may be in the nature of synchronized deal/matched deals/suspicious nature. We exercise
adequate controls.

# !c
We endeavor to provide uninterrupted trading to the client for which we ensure to the extent possible
that in case of any technical fault at our dealing offices, the client has access to the nearest Branch /
Regional Hub for executing its transactions.

Our dealers are specifically instructed to place orders as per the instructions of the client and
transactions are confirmed to the client through voice recorded lines/ email/ SMS apart from issuance of
contract note. Further we also provide monthly/quarterly ledger statements to the client.

The clients are also provided secured access to their account related information like transaction
summary, margin requirements etc on continuous basis in order to give them a bird͛s eye view of the
trading account.

!!#

The above policy is implemented on ongoing basis with a view to have maximum transparency in our
dealings with the client.