NISM Series VI: DOCE Exam Notes

Page 44 Of 52

Go to:

  • In NSDL, delivery-out instructions for moving securities from CM Settlement Account to CM Delivery Account can be generated automatically by the respective Clearing Corporations based on the net delivery obligations of its Clearing Members.
  • The Clearing Corporation can generate auto delivery obligations (Dos) on behalf of those CMs who have authorized it in this regard. Such Instructions are called as Auto Delivery Out. Auto Delivery Out will not be generated in case of Irreversible Delivery out Instruction.
  • CDSL offers Electronic Access to Securities Information (easi) which provides real time information to the CMs of their holdings in their demat account. It also provides status of instructions, details of past transactions and enables users to take a print out of their statement of account. It also offers a useful facility of daily valuation of the stocks held in the demat account and aggregate value of the portfolio.
  • CDSL also offers Electronic Access to Securities Information and Execution of Secured Transaction (easiest) which is an internet facility which permits BOs/CMs to submit debit/credit transaction instructions to effect off-market, on-market, inter-depository and early pay-in of transactions.
  • NSDL provides Internet Based Demat A/c Statement - IDEAS

NISM Depository Operations

Copyright 2015 - MODELEXAM MODELEXAM®