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Page Content The benefits of settling trades through CCIL are as under:
| 1. Establish a safe institutional structure for clearing and settlement of trades |
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 To provide efficient settlement system |
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- Novation - CCIL as Central Counterparty
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- Guaranteed Settlement
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- Lower Operational cost
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| 2. Bring about efficiency in transaction settlement process |
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- Multilateral Netting benefit
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- Efficient funds Management
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- Short sale of securities
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- Rollover of Repo trades
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- When Issued Market
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| 3. Insulate financial system from shocks arising from operations related issues |
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- Mitigation of Systemic Risk
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- Alleviation of Credit Risk
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- Reduction in counterparty exposure. (the exposure is extinguished upon acceptance of trades for settlement.)
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