The Clearing Corporation of India Ltd. (CCIL) on March 25, 2025, issued a Consultation Paper on Operating Guidelines for Stock Broker Connect.
The following has been stated namely: -
• The Guidelines cover the registration of recognized stockbrokers as Trading Members of NDS-OM, the appointment of Clearing Members, the registration of Individual Constituents, secondary market outright purchases/sales of Government Securities, and the settlement of such trades through the Clearing Corporation of India Limited as the Central Counterparty.
• These guidelines apply to all concerned entities: the Stock Broker, Clearing Member, and Individual Investors of the Stock Broker Connect model.
• Participants are requested to send their comments and feedback on the operating guidelines by April 15, 2025, at the latest, to [email protected] with the Subject line “Consultation Paper on Operating Guidelines for Stock Broker Connect".
Detailed notification is attached below.
