
|
NCFM Course in Hyderabad : Stock Market Training - AS Chakravarthy Institute has established a firm foothold in it’s industry. The belief that customer satisfaction is as important as their products and services, have helped this establishment garner a vast base of customers, which continues to grow by the day. This business employs individuals that are dedicated towards their respective roles and put in a lot of effort to achieve the common vision and larger goals of the company - join NCFM Course in Hyderabad : CM - Capital Market Dealers Module.
Best for Options Trading training - Intraday trading training in Hyderabad
NCFM Course in Hyderabad : Capital Market - Settlement Agencies
Following are the roles of several entities involved in the process of clearing and settling the trades executed in the Exchange:
1. Clearing Corporation (NSCCL)
2. Clearing Members
3. Custodians
4. Clearing Banks
5. Depositories
Functions of Clearing Banks
As a single window to all clearing members of NSCCL The clearing banks provide the following services:
(a) Branch network in cities that cover bulk of the trading cum clearing members.
(b) High level automation including Real time gross settlement (RTGS) and electronic funds transfer (EFT) facilities.
(c) Value-added services to members such as free-of-cost funds transfer across centers etc.
(d) Providing working capital funds.
(e) Stock lending facilities by collateral.
(f) Services as Depository Participants (an agent of the depository through which it interfaces with the investor).
(g) Other Capital Market related facilities.
(h) All other banking facilities like issuing bank guarantees / credit facilities etc.
TO KNOW OUR NISM - NCFM Course Training in Hyderabad Please Visit AS Chakravarthy NCFM Academy Hyderabad : Stock Market Training Institute in Hyderabad