Trading

Due to the high trade values and the market practice of settling deals bilaterally, participants generally set a maximum risk exposure vis-a-vis all potential counter parties in the market to ensure that they do not take any undue risk exposure against any particular counter party. Recognising this feature of the market, the WDM trading system provides for two kinds of entities on the segment: Hence this market segment has a two-tier system that recognizes Trading members and Participants and their roles have been clearly explained in Exchange guidelines.

• Market Timings & Holidays
• Reporting System

Settlement

Settlement is on a rolling basis, i.e. there is no account period settlement. Each order has a unique settlement date specified upfront at the time of order entry and used as a matching parameter. It is mandatory for trades to be settled on the predefined settlement date.

Products & Services

Trading

The NSE web based trading system for debt market facilitate order driven market as well as negotiated reporting platform.

• Trading Parameters
• Market Timings
• Trading System

Risk Management

NSE Clearing has put in place a comprehensive risk management system. NSE Clearing ensures that clearing member obligations are commensurate with their net worth.

• Margins
• Close out procedure
• Violations
• Liquid Assets

Clearing & Settlement

National Securities Clearing Corporation Limited (NSE Clearing) is the clearing and settlement agency for all deals executed in New Debt Segment.

• Settlement Cycle
• Securities Settlement
• Funds Settlement
• Settlement Schedule
• Delivery Procedure

Our other Debt Products:

• Corporate Bonds