Operational Guidelines for Risk Management & Clearing and Settlement in Interoperability framework amongst Clearing Corporations.

• Notice No: 20190430-39
• Notice Date: 30 Apr 2019
• Category: Settlement/RMS
• Segment: General

To All Members,

Attention of Members of Indian Clearing Corporation Ltd, (ICCL) is drawn to ICCL Circular Nos 20190415-8, 20190415-10, 20190415-11, 20190415-12 dated April 15, 2019, and Circular No 20190426-32 dated April 26, 2019 regarding Interoperability framework amongst Clearing Corporations.

In this regard, the Registration process for Clearing Members/Custodians and the operational guidelines are given in the following Annexures:

Ø  Annexure 1- Interoperability Framework and Registration Process & Formats.

Ø  Annexure 2- Operational guidelines relating to Risk Management & Clearing and Settlement under the Interoperability framework amongst Clearing Corporations.

All Trading Members/Clearing Members/Custodians as well as back-office vendors are requested to take note of the above for necessary changes, if any, in their respective systems.

For more details members/custodians may refer the aforesaid circulars.

For any clarifications, Members may contact their respective Relationship Managers or any of the following team officials:

Sr. No	Type of Queries	Coordinates
1.	Registration Process	22728308/8365/8788 [e-mail]
2.	Collaterals	22728467/8185/8843/8567 [e-mail]
3.	Margins	22728759/5820/8679 [e-mail]
4.	Settlements: Equity Cash	22728468/8704/8223/5163 [e-mail]
	Settlements: Derivatives	22728185/8467/8843/8567 [e-mail]
5.	Trading related Queries (Trade File/STT/Transaction charges) etc.	30594000 [e-mail]

For and on behalf of Indian Clearing Corporation Ltd.

Piyush Chourasia                                                                                            Hitesh Shah

Chief Risk Officer & Head – Strategy                                                      DGM