Clearing & Settlement Role

Clearing and Settlements

Role and Responsibilities:

- Processing for Institutional trader, sending STP through various gateway like FTNSEIT, NSDL.

- Supervising trade confirmation on STP gateways and Email scan copies of Contract notes & trade confirmation files (Excel formats) to be sent to institutional Clients.

- Regulatory reporting to Exchanges like 6A7Ain case of BSE and CLD, CPCODE, OTR and RC files in case of NSE.

- Confirmation & Settlement of cash and Derivatives segment deals with clients such as banks, Insurance company FII PMS MF and their custodians.

- Confirmation and settlement of OFS trades.

- Account opening for Institutional client in back office software.

- Analysis of Brokerage credited for Institutional client.

- Verifying & checking of KYC details UCC details in Exchange ,brokerage & statutory charges levied for Retails clients for all segments.

- Generate and Email ECN- Digital contract notes to retail client through LD Digital sign software.

- Daily reporting of margin files to Exchange for NSE Derivative Segment.

- Maintaining of Client Master brokerage Master charges Master with back office software.

- Compiling periodic (Daily/ Monthly /Quarterly/ Yearly) MIS reports to management and other stakeholders.