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CORPORATE
OVERVIEW
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| OVERVIEW |
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A
clearing corporation for MCX-SX. It is a
legal counter-party to all settlement liability
of MCX-SX and will guarantee settlement.
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Independent
clearing corporation for clearing & settlement
functions |
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3rd
approved clearing house by SEBI and RBI.
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LAAA
- highest credit quality rating by ICRA
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Margins fixed as per CME (Chicago Mercantile Exchange) SPAN (Standardized Portfolio Analysis of Risk) margin system +1% ELM (Excess Loss Margin)
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| SHAREHOLDERS |
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MCX-SX |
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MCX |
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FTIL |
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| ACTIVITIES
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Risk Management |
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Pay-in / Pay-out |
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Collateral Maintenance |
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Coordinating with clearing banks and other
support institutions |
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Settlement Accounting |
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