TRIPARTY REPO DEALING AND SETTLEMENT

 

In terms of Reserve Bank of India’s Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018, we are pleased to advise Members that CCIL will be acting as Triparty Repo Agents and undertaking CCP clearing of Triparty Repo transactions under its Securities Segment with effect from October 29, 2018.  Upon introduction of Triparty Repo by Clearing Corporation of India Limited, (CCIL) the Triparty Repo Order Matching Platform of Clearcorp Dealing Systems (India) Ltd., (CCDS) will become operational with effect from October 29, 2018.

 

In this regard, necessary modifications to the Bye-Laws, Rules (CCIL / CCDS) and Regulations (CCIL securities segment and CCDS Triparty Repo Dealing System) have been modified and uploaded on our website (www.ccilindia.com) under Membership section.  These modifications will become operational with effect from October 29, 2018.