© കേരള സർക്കാർ
Government of Kerala 2016
Regn. No. KERBIL/2012/45073 dated 5-9-2012 with RNI
Reg. No. KL/TV(N)/634/2015-17
കേരള ഗസററ്
KERALA GAZETTE
ആധികാരികമായി പ്രസിദ്ധപ്പെടുത്തുന്നത്
PUBLISHED BY AUTHORITY
വാല്യം 5
നമ്പർ
തിരുവനന്തപുരം,
ചൊവ്വ
Thiruvananthapuram, Vol. V
}
Tuesday
11
No.
} 2016 മാർച്ച് 15 15th March 2016 1191 മീനം 2 2nd Meenam 1191 1937 ഫാൽഗുനം 25 25th Phalguna 1937
PART IV
Private Advertisements and Miscellaneous
Notifications
or by a Committee appointed by the Board for the INDIA PEPPER AND SPICE TRADE ASSOCIATION (IPSTA)
Exchange Conducting Futures trading in Black Pepper
Since 1957
CIN No.—U91200KL1959NPL001848 Vl/150, Jewtown, Mattancherry, Kochi-682 002 Phones—0484-2224263, 2227582
Fax-0484-2227434 Email: ipsta57@ yahoo.com & Website: www.ipsta.com
(A Company registered under the Companies Act, 1956) Following is the amended Clause xxiv of the Trading Byelaws, Rules and Regulations of IPSTA. The amendment has been made the extra ordinary general meeting of members of IPSTA held on Tuesday, 30th day of July 2013.
purpose of payment between members of differences or dues pertaining to outstanding transactions. The settlement rate will be determined as weighted average of the prices quoted for the trades registered during the last half an hour of trading day. The minimum number of quotes to arrive at a representative settlement rate will be 5 trades. In case the number of trades during the last 30 minutes of trading on any day are inadequate for arriving at a representative settlement rate, prices of matched trades which were registered immediately prior to the 30 minutes period will be taken to meet the inadequacy.
Accordingly, the quotes which were registered prior to the said 30 minutes period to make up the deficiency in the number of quotes during the last half an hour will be 32 KERALA GAZETTE [PART III contracts, then the settlement rate for day in respect of
such contract, contracts may be determined on the basis of the previous, day's closing price, However if there is no trading on the particular day in such case, during last
30 minutes of the trade, if there is a continuous buyer at
the upper circuit, the upper circuit rate will be taken as
the settlement price, similarly if there is a continuous
seller at the flooring circuit, the lower circuit rate will be
taken as the settlement price for the particular day.
(Certified True Copy)
For India Pepper and Spice Trade Association
(Sd.)
ANAND KISHOR,