Risk
Phase 1 is spot only — no derivatives, no pledged collateral, no margin. Spot risk is funding and delivery.
Accounts Under Control
2
Kill Switch
1
Regulatory Hold
1
Pending Releases
0
Unrestricted
21
Kill Switch is asymmetric — engage on one signature, release on two. A Regulatory Hold is symmetric: two Ops Heads to impose and two to release, because a wrongly-lifted hold costs more than a slower one.
2 active controls
| UCC | Account | Member | Control | Trigger source | Since | Imposed by | Permits | Action |
|---|---|---|---|---|---|---|---|---|
| NOR0000029 | Sanjana Pillai | TM-1004 | Kill Switch | SYSTEM RISK DRIVEN | 1h 35m ago | SYSTEM:RMS | Reduce-only — spot sells stay permitted | Propose release |
| SIL0000008 | Harish Menon | TM-1005 | Regulatory Hold | SURVEILLANCE DRIVEN | 3h 0m ago | M. Fernandes · Ops Head +1 | Full freeze — no new orders, no sells | Propose release |
Vishakha Rane
MER0000902 · TM-1001
SGC funding
- SGC available
- 41,000
- SGC committed to resting buys
- 9,20,000
- Total SGC
- 9,61,000
- Utilisation
- 95.7% — NO HEADROOM
- What this means
- The account has committed nearly all its SGC to resting buys and cannot fund another buy. This is not a breach.
Holdings — quantity and current value
| Instrument | Available | Reserved for sale | Fair price | Current value |
|---|---|---|---|---|
| PFC29INE134E08MA7 | 2,000 | 1,500 | 100.60 | 3,52,100 |
| HDFCB30INE040A08948 | 300 | — | 101.18 | 30,354 |
The exchange holds no profit and loss. It knows the quantity and today's fair price, so it can show current value; it does not know what the client paid, so it cannot and does not present a gain or a loss — that belongs to the member or the custodian.
Delivery
- Units held
- 3,800
- Units available
- 2,300
- Units reserved against resting sells
- 1,500
- Current value
- 3,82,454
Account record
- UCC
- MER0000902
- Member
- TM-1001 — Meridian Capital Markets IFSC Pvt Ltd
- Investor category
- RESIDENT_LRS
- Qualification tier
- T4
- KYC status
- VERIFIED
- Opened on
- 2026-02-25