NISM Series VI: DOCE Exam Notes

Page 48 Of 52

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  • Depository Trades - Trades where both the parties (Buyer and Seller) have their BO A/c with the same depository.
  • Transfer of G-Sec within NSDL / CDSL is same to that of transfer of equity shares.
  • RBI Trades - Trades where only one party to the trade has A/c with a depository, and the counterparty has an SGL A/c with another approved entity or RBI itself.
  • Settlement of RBI Trades - Purchase by Depository Client - the buying client should submit Inter-SGL Trade Purchase Instructions in the prescribed format to the DP
  • Settlement of RBI Trades - Sale by Depository Client - the selling client should submit Inter-SGL Trade Sale Instruction in the prescribed format to the DP

NISM Depository Operations

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