DSE Trade Guarantee Fund
DSE initialised its Rs.125 crore Trade Guarantee Fund on July 27, 1998. TGF guarantees all the transactions of the DSE interse through the stock exchange. If a member fails to honour the settlement commitment, TGF undertakes to fulfil the commitment and complete all the settlement without disruption.
Read more about this topic: Delhi Stock Exchange Association
Famous quotes containing the words trade, guarantee and/or fund:
“You know that fiction, prose rather, is possibly the roughest trade of all in writing. You do not have the reference, the old important reference. You have the sheet of blank paper, the pencil, and the obligation to invent truer than things can be true. You have to take what is not palpable and make it completely palpable and also have it seem normal and so that it can become a part of experience of the person who reads it.”
—Ernest Hemingway (1899–1961)
“... the attempt to control poetry, to subordinate it to extrapoetic ends, constitutes misuse.... it may be poetry’s stubborn quality of rockbottom, intrinsic uselessness which ... constitutes the guarantee of its integrity, and hence of its ultimate value to us.”
—Jan Clausen (b. 1943)
“School success is not predicted by a child’s fund of facts or a precocious ability to read as much as by emotional and social measures; being self-assured and interested: knowing what kind of behavior is expected and how to rein in the impulse to misbehave; being able to wait, to follow directions, and to turn to teachers for help; and expressing needs while getting along with other children.”
—Daniel Goleman (20th century)